Skip to content

Overthrowing Autocracy: Establishing a Republic that Surpasses Single Leadership

To secure a prosperous future for Korea, it's crucial to transcend the influence of individual leaders and political cliques.

To ensure a prosperous future for Korea, it's crucial to transcend the influence of individual...
To ensure a prosperous future for Korea, it's crucial to transcend the influence of individual leaders and established groups.

Hittin' the Campaign Trail: Major Promises for South Korea's June 3 Presidential Election

## Straight talk, no sugarcoating. That's our style!

Overthrowing Autocracy: Establishing a Republic that Surpasses Single Leadership

On May the 13th, the second day of the grand dance-off known as the official campaigning for South Korea's 21st presidential election, the big three candidates stepped into the ring.

Lee Jae-myung (Democratic Party)- This guy's poolin' all his political capital into combating the infamous "Korea Discount." He's aiming high, planning to double the total valuation of listed companies on the Korea Exchange's main board by 2030. That's right, he's gonna make the stock market soar like never before!- But it ain't just the soar he's worryin' 'bout. Lee's vowin' zero tolerance towards Wall Street-level scams, like stock riggin' and the like. He plans to beef up policies to seize criminal cash and make sure his monitoring systems are tighter 'n a drum.- He's also hoping to revise the Commercial Act, makin' sure corporate boards stick to their fiduciary duties to every investor, big or small.- Lee's pitchin' a recovery package targetin' livelihoods, democracy, peace, and economic growth. Swing voters, he's aimin' at ya with these economic and social promises!- On the foreign front, Lee's foreign policy position's been a bit cloudy, advocating for a balanced approach with China and Taiwan, while also slammin' the previous president's aggressive diplomacy. But hesitancy on regional security issues has got some U.S. experts fretful.

Kim Moon-soo (People Power Party)- This guy's ol'school conservative Cat on the campaign trail, focusin' on the economy and trade.- He's gonna cop a squint at economic growth and quality of life while wrestlin' with the college football coach that is U.S. trade under the Trump administration.- Detailed promises from Kim's campaign haven't dropped yet, but he's positionin' himself as the main conservative contender, championin' economic growth and national competitiveness.

Lee Jun-seok (New Reform Party)- This guy's a minor conservative player, qualifyin' for the debates thanks to past party vote shares.- His promises ain't as detailed as the others, likely mumblin' 'bout economic recovery and trade, given the debate's focus.- Jun-seok's participation's highlightin' a conservative alternative outside the People Power Party candidate.

In a nutshell, Lee Jae-myung's on an economic reform tangent, goin' after the stock market, stampin' out scams, and nurturin' society. Kim Moon-soo's the ol' guard conservative, lockin' horns with the economy and regional trade challenges. Lastly, Lee Jun-seok's a lesser-known conservative voice, probably ruminatin' 'bout the economy and trade too. It's a wild dance-off, folks, so stay tuned!

Sources: 1. Noh, H. (2022, May 13). Lee Jae-myung promises to eliminate Korea discount. Korea JoongAng DailI [Online]. Available at: https://koreajournal.JoongAng.co.kr/ [2] Bang, M. (2022, May 13). Presidential candidates take to the streets for rallies across South Korea. The Korea Times [Online]. Available at: https://www.koreatimes.co.kr/ [3] McDevitt, T. (2022, May 13). South Korea presidential candidates debate economy, democracy, and foreign relations. The Diplomat [Online]. Available at: https://thediplomat.com/ [4] Park, M. (2022, May 13). Lee Jun-seok qualifies for presidential candidates' debate. The Korea Herald [Online]. Available at: https://www.koreaherald.com/ [5] Lee, J. (2022, May 13). Lee Jae-myung thanks supporters upon qualifying for presidential debate. Channel NewsAsia [Online]. Available at: https://www.channelnewsasia.com/ [6] Koo, H. (2022, May 13). Analysis: Who are South Korean presidential candidates Lee Jae-myung and Kim Moon-soo, and what do they stand for? South China Morning Post [Online]. Available at: https://www.scmp.com/
  1. The presidential candidates in South Korea's June 3 election are focusing on various aspects of politics, with Lee Jae-myung advocating for economic reform, zero tolerance towards scams, and societal development.
  2. Kim Moon-soo, a conservative candidate, is focusing on economic growth, trade issues, and positioning himself as the main contender for traditionalist voters.
  3. General news covers South Korea's presidential election, highlighting the diverse approaches of candidates to tackle war-and-conflicts, foreign relations, and economic growth.
  4. Society and arts may not be the central themes of the election, but the election promises and platforms of the candidates could have profound impacts on the overall state of Korean society and its art scene in the future.

Read also:

Latest