• 사회경제평론
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• no.38
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• pp.51-83
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• 2012

Consider an n goods production economy. Assume the equilibrium condition of Sraffa's price system, a balanced growth condition and the goods market clearing conditions. If both equations are given to determine a real wage rate and investment, the economic system is over-determined. It suggests that there exists no long-period equilibrium to satisfy both labor market and goods market conditions. This paper interprets this situation of over-determinacy as a disequilibrium state, and attempts to solve it through disequilibrium dynamics. It constructs a model of accumulation and real wage rates consistent with Lotka-Volterra system, and shows that the overall growth path fluctuates endogenously around a resting point of long-period disequilibrium.

• Journal of the Korea Convergence Society
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• v.9 no.4
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• pp.119-125
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• 2018

The purpose of this study is to analyze the 'Scenery of the Urban Residence' represented in Korean films of the liberation period. It is assumed that public films reflect the human activities, residential culture and cityscape of those days. For the analysis, a pool of 7 Korean films from 1946 till 1949 was constructed. In these films, the sceneries of the urban life were represented as the following: 1) The western-style architectural spaces, such as cultural residence and apartment were emphasized to reflect the longing and curiosity of the general public for modern culture and lifestyle. 2) The cityscape including a narrow alley, crossroads and modern buildings was intentionally represented to express visually the city of Seoul under the slow wave of modernization.

• The Journal of the Korea Contents Association
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• v.18 no.4
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• pp.245-253
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• 2018

The purpose of this research is to analyze how the transformation of Gwangju Biennale policy change their exhibitions. The research analyzed the Gwangju Biennale Declaration which announced upon the foundation of Biennale, as well as the following development plans to examine how the Biennale's aim has changed. There're any Biennale which has the declaration except Gwangju. We can see the keywords of art criticism at that time in the declaration and the innovations suggested on the 20th anniversary of Gwangju Biennale. This research shows the 20 years development of the declaration of Gwangju Biennale which visualize Gwangju spirit achieved more universal expansion by displaying artworks. The achievement of Gwangju Biennale which universalize the Gwangju spirit and expansion of community art parallelize the development of Korean contemporary art.

• The Journal of the Korea Contents Association
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• v.17 no.12
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• pp.169-179
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• 2017

To examine the causal association between story usage and the ability of comprehending social relations, this study analyzed whether the short-term use of story heightened the degree of other-focused attention. To this end, this study randomly assigned 74 participants into three groups(novel, film, and exposition conditions), and participants were exposed to the stimuli for about 30 minutes, and then this study compared the degree of other-focused attention of the three groups. The results suggested that the degree of other-focused attention in the story groups (novel and film) were significantly higher than those in the exposition group. Though causal association between story usage and the ability of comprehending social relations were not clear, via demonstrating the formation of other-focused attention due to short-term use of story, this study provided empirical evidence for the simulation account of story.

• The Journal of the Convergence on Culture Technology
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• v.6 no.2
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• pp.169-176
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• 2020

As the sound art field is keep growing and expanding, we shall contemplate from the sociology of the arts and cognitive science point of views to wisely accept and properly appreciate various artistic works and practices. It is because the value evaluation of new arts shall substantially involve analysis and inspections with considerations of today's complex environments, the creative productions, and the consumptions; because, such critiques are necessity for the advancement of new arts. This paper briefly introduces reasoning of including sociological analysis and criticism in evaluating sound arts beyond dichotomy of the fine arts and music fields. It also looks into changes and conditions of cultural arts grants and allowances of the interdisciplinary art genre in South Korea as it has been almost alone a playground for its domestic creative practices of the sound art. This paper is written in a hope to suggest some possible directions for future developments of these contemporary borderless and/or experimental arts.

• 사회경제평론
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• v.31 no.3
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• pp.29-53
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• 2018

This study provides a model of inter-Korean economic cooperation suggesting that economic cooperation should be centered on industrial cooperation. As an independent economic zone, the two Koreas will go through a gradual and functional process of cooperation. Also, economic convergence through 'openness and integration' of both markets is a pre-requisite of successful economic integration on the Korean peninsula. This success of the process requires industrialization of North Korea. This study suggests a model of 'the Corea Industrial Development Community on the Korean Peninsula. It aims to support industrialization of the North Korean economy as well as promotion of South Korea's SME competitiveness. It would help meet the demand for improvement of living conditions of North Korean people. Main policy measures includes: 1) co-effort to develop North Korea's provincial industrial zones, 2) upgrading North Korea's 'Jangmadang' into a highly efficient distribution market. Finally, through the construction of the Joint Industrial Development Zone, it is necessary to create a production sharing module for both Korea's industries.

• 사회경제평론
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• v.31 no.3
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• pp.55-92
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• 2018

Moon Jae-In government, which took power through the candlelight revolution, has put forward a "People First Economy". To realize this goal, the government promised to increase the growth rate of fiscal spending and the proportion of welfare spending compared to the conservative government in the past. This direction is desirable, but it does not meet the expectations of the progressive camp, which has hoped larger-scale welfare through active increased taxation. Above all, it would be hard to overcome the structural risks facing our economy through this policy. More bold fiscal policy is needed. For the time being, it is desirable to push for taxing on top-income households, corporations, and high-value assets, and to make sure that the tax levied on rental income is well established. If these tasks are well realized, it is necessary to move toward the next stage of welfare expansion and increased taxation.

• 사회경제평론
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• v.31 no.2
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• pp.71-104
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• 2018

The purpose of this study is to reveal the significance of regional loan-to-deposit ratio and local banks through Post-Keynesian endogenous monetary theory. According to endogenous monetary theory, banks, rather than financial intermediaries, are credit creation agencies that create deposit money through loans. On the other hand, according to the existing view which interprets bank as a financial intermediary, it is seen that the higher the loan-to-deposit ratio of the deposit bank in a region, the more active the lending activity based on the deposit inflow. However, according to the endogenous monetary theory, the loan-to-deposit rate is reinterpreted as an indicator of regional balance. Especially, relatively high lending-to-deposit rate of a region is interpreted as follows: money circulation in the region is shrinking due to the outflow of deposits created through loans in the region. In addition, when considering the local based financial practices of local banks, their ability to create credit, and their impact on the real economy, it is necessary to positively review the local bank restructuring policy from the perspective of balanced regional development.

• 사회경제평론
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• v.29 no.1
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• pp.1-29
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• 2016

This paper looks critically, in the light of the Capital Controversies of the 1950s and the 1960s, at the Neoclassical claim that the Funded-Pension system is economically superior to the Pay-As-You-Go (PAYG) pension system. This claim rests crucially upon the inverse relation between the rate of interest and the volume of investment (the investment demand function) and the positive relation between the capital intensity and labour productivity (the 'intensive- form' production function), The Capital Controversies proved that the two relations do not always hold; then, the claim in question loses much of its ground. Further, the absensce of the relations makes plenty room for effective demand in determining the level of income and the volome of employment even in the long period. This positive role of effective demand in the long period highlights the problems of the Funded-Pension system and, at the same time, supports the competitiveness of the PAYG pension system.

• 사회경제평론
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• v.29 no.1
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• pp.155-197
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• 2016

Since Aristotle, human capability has been understood as the form of existence. The capability is presupposed before execution in mainstream economics, Marx's capitalist labour process, even socialist labour process. Of course, Marx shows that the value of capability and execution is different in capitalist labour process. Also Marx points out heteronomy that producer can't have products as his own. Even socialist labour process can't cut off shackles of heteronomy. It is necessary to change way of thinking in order to cut off shakles of heteronomy and to develop human's full potential. The changing way of thinking is to restore labour into primary labour which is purpose as life itself not means. Human capability is potential. We can't define potential as the form of existence. Human capability is promoted by free will. True freedom promoting human capability is realized by rebuilding in individual property depending on distribution principle by the needs in the association of free individuals.