Comments by "EebstertheGreat" (@EebstertheGreat) on "Samsung’s Dangerous Dominance over South Korea" video.

Great info. I felt like this video was missing a lot. It's easy to take an American perspective to a video like this and assume that Samsung acquired its dominant position the same way big companies did in the U.S. But companies like Samsung didn't and don't exist in a vacuum. Its supremacy is, to a degree, a policy decision, and a result of a partially controlled economy in the midst of an ongoing (if quiet) war. It also doesn't put much thought into the large amount of western money flowing into South Korea in development aid as an extension of the Cold War, which then was given in turn to well-connected businesses like Samsung.
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@johngervais230 Samsung makes way more than just phones. Samsung faces stiff competition in most markets for most products, from microchips to TVs to cameras to software to appliances to basically everything else. Even just in the market for cell phones, Huawei and other companies make far more successful phones in many Asian markets. And Apple is Samsung's biggest competitor in the high-end smartphone market in the West, but not the only one, like you already said, and that situation won't stay the same forever.
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@rohankishibe8259 It's a political protest. That's Park Geun-hye, daughter of Park Chung-hee. Chung-hee arrogated power in 1961 and held it as president/dictator until 1979. Geun-hye was elected president in 2013 as the leader of a far-right party and held the office until 2017 when she was impeached and removed from office on corruption charges. As the video explained, she was instrumental in shielding the Lee family from inheritance taxes. After removal, she was sentenced in criminal court to a lengthy prison sentence on multiple charges, eventually amounting to 32 years. However, like the video says, she was pardoned at the end of 2021 and released. The parallels with Trump are not hard to draw. I'm not sure what this specific march was about though. The U.S. and Israel have a powerful political and military alliance dating back tot he end of WWII, and so do the U.S. and South Korea. Conservative American politicians are especially vocal in their support of Israel, and conservative South Korean politicians are especially vocal in their support of the U.S.
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Suddenly this channel is killing it with the pronunciations. I had no idea the name "Lee" was pronounced like that.
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@thiagomoreno8761 It doesn't apply to everyone. You get a basic deduction of 200 million won ($150,000) plus 50 million per child, and there are additional deductions. What remains after that is taxed at a progressive 10-50% rate, which will not be a large burden for most South Koreans yet. The median household wealth in South Korea is currently about 125 million won, which means most households won't owe anything for inheritance taxes even if they are single-earner families leaving everything to a single child. The 50% rate only kicks in for non-deducted amounts above 3 billion won (about $2.25 million).
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@TheRincewind64 Yeah, Amazon pays more than the minimum wage already, so it is absolutely in their interest to increase the minimum wage, as that only increases the costs of their competitors. (Strictly speaking, Amazon might also have to raise their own wages a little in order to still attract people away from their competition, but at least it would affect their costs less than their competition's, which is what matters.)
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