silver spoon Archives | Be Korea-savvy

No Silver Spoon, No Social Mobility

SEOUL, Jan. 10 (Korea Bizwire) — A recently released report from the Korea Institute for Health and Social Affairs indicates that the number of young adults hoping for higher social status has sharply decreased. Young adults no longer believe moving up the social hierarchical ladder is possible without inheriting wealth from their parents. Not so [...]

Social Immobility a Big Problem in South Korea, Poll Says

SEOUL, March 10 (Koreabiz Wire) – A recent poll by Nielson Korea found nearly four out of five South Koreans believe it’s almost impossible to climb up the economic ladder however hard they try. The results reflective of the public skepticism over social mobility and equality came in light of recent controversies highlighting the growing [...]