Monday, December 07, 2009

Eradication

clipped from news.bbc.co.uk

North Korea introduced limited market reforms in 2002 that allowed people to buy and sell goods at free markets.

These markets have become increasingly important to ordinary North Koreans, with a wide range of goods on offer.

State-run shops sell fewer and fewer items, but at free markets North Koreans can buy imported fruit, clothes and electronics, according to someone who recently visited a major market in Pyongyang.

The authorities have recently tried to restrict what goes on at these markets.

North Korean expert Rudiger Frank said the currency reform was a political move as much as an economic one.

He said officials want to destroy the newly-emerging middle class, many of whom have made money trading in the free markets.

"The currency reforms are part of [a] campaign to return to the North Korean version of orthodox socialism," wrote Mr Frank, who is based in Vienna.

"[The aim is] to eradicate the dangerous effects of the few years of reform."

Speaking of the North Korean hellhole. Funny that, they just declared capitalism a failure too. Again.