
South Korea explain that it was not until 1997, ten years after the June
1987 victory, that there was an actual transfer of political power to
opposition parties. Even with this transfer, however, the conservative
media is presented as one of the contenders for what form any reform of
the political system will take. According to Chang Woo Young, after the
June 1987 victory, rather than having curtailed the conservative media,
it emerged as an “independent political institution.” (Chang 2005: 928)
Others emphasize the need to reform the conservative media.
“Without the reform of the media, no success of democratic reform is
possible,” argues Cho Hu Yeon, one of the founders of the civil society
NGO People’s Solidarity with Participatory Democracy (PSPD).
The failure to put through reforms of the structure of the chaebols
and of the conservative media from 1987 to 1997 has been blamed as
contributing to the economic crisis of 1997.
South Korean Presidents Kim Young Sam and then Kim Dae Jung
had promised to uproot the conservative power base. Several of the
measures Sam took when he came to office did indeed make some
impact. But the financial crisis of 1997 is attributed to the fact that not
nearly enough progress had been made.
For example, Sunhyuk Kim writes:
There is currently an extensive consensus in and outside of
Korea that the economic crisis could have been avoided had
Kim Young Sam’s chaebol reform been successfully carried
out. (Kim 2000: 28)
Similarly, “mainstream South Korean news outlets failed to apply
a critical eye to economic reporting before the Asian slump,” a reporter
explains, “a fact that many analysts say contributed to the crash.” He
admits, “We were guilty of printing government statements without
checking the facts.”
4
The conservative newspapers most often cited as the problem are
Chosun Ilbo, Donga Ilbo, and Joongang Ilbo. Chosun Ilbo (Daily
Newspaper) was started March 5, 1920. It has a reputation as the South
Korean print newspaper with the largest circulation (2,383,429 in 2004).
The 2
nd
largest newspaper is Dong Ilbo, started in April 5, 1920. (In
2004 its circulation was given as 2,088,715) (Lee, Gunho 2004: 6)
These three major newspapers, have a market share of 70%,
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