Monday, October 18, 2021

Squid Game: A Dystopian Korean Drama Featuring a Pakistani Migrant Worker

Popular Netflix series Squid Games is a dystopian survival drama about unfortunate people trapped in debt who enter a series of six survival games. The losers die while the single winner takes away 46.5 billion (US$38 million) South Korean won. One US dollar is equal to about 1,200 Korean Won. 

Anupam Tripathi as Ali Abdul in Squid Games

One of the characters in the series is an exploited Pakistani migrant worker named Ali Abdul who just wants to send money home to help his family in Pakistan.  Ali's role is played by Indian actor Anupam Tripathi. Tripathi has previously played other foreign characters in the genre often referred to as K-drama. Squid Games has achieved top ratings around the world in spite of its very violent content. It is the top-rated show among Netflix subscribers in Pakistan. 

Household Debt as Percentage of GDP. Source: IMF

Squid Game is a powerful indictment of capitalism as practiced in many countries, including South Korea. It has brought to light high levels of inequality and household debt in South Korea. The total household debt of $1.5 trillion is about the size of its entire GDP, among the highest in the world. By comparison, formal household debt in Pakistan is just 4% of its GDP, according to the IMF. It can be explained by the fact that the availability of mortgage financing, car loans and credit cards is very limited in Pakistan. 

Sources of Household Debt in Pakistan. Source: SDPI

Only 14.6% of household debt is owed to banks, and the rest to informal sources like family and friends. Researchers Sajid Amin Javed, Wajid Ali and Ifra Baig at SDPI  (Sustainable Development Policy Institute) have analyzed four rounds of the HIES segment of the Pakistan Social and Living Standard Measurement (PSLM) and data from the PPHS (covering the 2005 to 2016 period),  and found that 20% of households in Pakistan are indebted.  

Related Links:

Haq's Musings

South Asia Investor Review

Credit Suisse Wealth Report 2016

Pakistan's Trillion Dollar Economy Among World's Fastest Growing

Pakistan: A Majority Middle Class Country

Karachi School of Business and Leadership

State Bank: Pakistan's Actual GDP Higher Than Officially Reported

College Enrollment in Pakistan

Musharraf Accelerated Development of Pakistan's Human and Financial Capital

China-Pakistan Economic Corridor

Riaz Haq's YouTube Channel

PakAlumni: Pakistani Social Network

8 comments:

Jam said...

Isn't South Korea part of the Capitalist "Free World" where suicides because of indebtedness are freely acceptable as is acceptable homelessness, hunger, deaths because of diseases that were not treated because of lack of money, other such things ?

samir sardana said...

On the date of the squid the prophecy is as under

Bangladesh to beat Sri Lanka

Pakistan to beat India !

Liberate IOK !

Pakistan is at the turning point of history ! dindooohindoo

samir sardana said...

As I said above,the army of Babar has again,done a complete extermination - not even 1 soldier injured !

Has this ever happened before ? Just like when Babar came in and pillaged the Raj-foo-ts and other martial races,who were high on coke,and went to battle in a horizontal straight line,after praying to Doorga and Kali Mata - and were then PLUNDERED !

The same saga we have seen today !

If Gadwali Baba Pant,had not had the flukes and multiple lives - The Indians would be out under 120 ! And if Hassan Ali had just bowled tighter - the score would not have crossed 100 !

It is time for the Indians to realise,that it is time to go back to basics - id.est., gulli danda and kho-kho - wherein the Indian Genius is perfected ! dindooohindoo

Amit Shah was in Kashmir,and I thought a Pakistan Ordnance,Smart ARTILLERY shell,fired from under a protrusion of a mountain,would have wiped out the BSF post,when Fat Pancho had gone!

WHEN WILL BABAR COME,TO LIBERATE THE BABRI MASJID ?

THE RAMA TEMPLE CANNOT BE BUILT ! Inshallah !

SAMIR SARDANA said...

For the peaceniks in Pakistan

Mr Shami is being crucified in India,after his 17 runs in the 18th over !

https://scroll.in/field/1008548/t20-world-cup-mohammed-shami-receives-online-abuse-after-indias-loss-to-pakistan

Kashmiri students are being attacked in India, post the India Cricket disaster !

https://www.hindustantimes.com/cities/chandigarh-news/scuffle-between-kashmiri-up-bihar-students-at-punjab-college-after-india-pak-cricket-match-101635153725561.html

Y is Shami being hung ?

What were the other 10 monkeys doing ? There are no trees in Dubai, and there are also, no free bananas !

And that is Y, Rama used an army of apes, in Lanka ! BUT THE INDIANS ARE NOT EVEN TRUE FOLLOWERS OF RAMA ! HAD THEY BEEN - THEY WOULD BE WORLD CHAMPIONS ! AS PER THE VALMIKI RAMAYANA,RAMA HAD ARMS UPTO HIS KNEES - AND THAT IS THE PERFECT QUALIFICATION,FOR A FIELDER AND A BATSMAN,AND ALSO,WILL PROVIDE INFINITE TORQUE,SPIN,SWING AND PACE,TO A BOWLER.

Book VI : Yuddha Kanda – Book Of War

Chapter [Sarga] 128

आजानुलम्बिबाहुश्च महास्कन्धः प्रतापवान् |
लक्ष्मणानुचरो रामः पृथिवीमन्वपालयत् || ६-१२८-९७

That Rama, having his long arms reaching down his knees, having a broad chest and glorious, ruled this earth with Lakshmana as his companion.

RAMA ALSO HAD INFINITE SPEED AND REFLEXES - WHICH INDIAN PLAYERS LACK ! PEOPLE SAY HOW ? THIS VERSE FROM THE VALMIKI RAMAYANA,REVEALS MORE THAN IT HIDES

Book I : Bala Kanda – The Youthful Majesties

Chapter [Sarga] 14

Queen Kausalya desiring the results of ritual disconcertedly resided one night with that horse that flew away like a bird. [1-14-34]

WHAT IS THE MEANING OF " RESIDED 1 NIGHT WITH THAT HORSE" ? THAT HORSE IS THE SECRET OF THE SPEED OF RAMA - WHICH INDIAN CRICKETERS LACK !

For the Kashmiris - every Pakistani win,is a win, of Islam over the Kaffirs, and a beacon of hope,to freedom.

But Kashmir needs REAL ANBD COMPLETE FREEDOM , FAT PANCHO (AMIT SHAH) WAS MOVING IN KASHMIR - W/O KEVLAR AND SECURITY - IT IS CLEAR THAT FAT PANCHO,WANTS TO DIE ! dindooohindoo

THERE CAN BE NO DIALOGUE BETWEEN PAKISTAN,AND THESE HEATHENS AND VERMIN - AND THAT WAS THE CORE PRIORI,WHICH WAS UNDERSTOOD BY THE PROPHET,WHEN THE GHAZWA E HIND PROPHECY,WAS MADE.

PAKISTAN HAS THRIVED WHEN IT FOLLOWS THE CORE IDEOLOGY OFISLAM.THERE ARE MANY WHO CAN FAST FOR 100 DAYS,WITH NO WATER OR A GRAIN OR MORSEL - AND BE CELIBATES AND PRACTICE ABSOLUTE ABSTINENCE.SO DID DAYANAND SARASWATI ......

BUT THE TEST IS SACRIFICING THE LIFE AND SENTIENCE,FOR A CAUSE,LIKE THE KASHMIR / PALESTINE / TALIBAN / AZERI FREEDOM STRUGLE - AND FOR THE NATION TO FACE SANCTIONS/FATF .............

SO THE BENEFITS ARE ROLLING IN !

Jiye Jiye Pakistan !

samir sardana said...

The Army of Babar has done what the Ottomans could not !

They have destroyed the Kiwis !

It is the catalytic effect of the gematria of perfection - in terms of the decimation of the team of Hindoosthan - with Nil wicket loss for Pakistan.That is called PERFECTION - WHEREIN "EVERYTHING HAS TO SUCCEED" - JUST LIKE THE PAKISTAN NUCLEAR EXPLOSIONS BY AQK - everything has to click !

Key is Babar Azam - Number 56

BABAR in vanilla Gematria = 6
Azam = 5

There is Captain or Player in any team whose Gematria is the inverse of the Jersey !

Babar Azam Date of Birth = 15 October 1994 - 15.10.1994,which is 15.10.23

And that when aggregated is 6.10.5

6 and 5 is the inverse of Babar Azam's Jersey,and 10 is the Gematria of Pakistan !

Pakistan has to win, and is destined to win,to give joy and happiness,to the people of Kashmir.This is the purest form of magical joy.

It is the best wishes,prayers,hope,love and the sentience of the people of Kashmir,pillaged by the vermins of Hindoosthan,the purest form of evil and kuffar - and inspite of all the genocide and subjugation - their faith is intact.These prayers never go unanswered.

It is the priori connection of the sentience of Pakistanis and Kashmiris.

Kashmir will erupt in joy - and that will be banner news in Hindoosthan ! dindooohindoo

After Pakistan wins the T20,if Pakistan armour rolls into Kashmir - it will be the best opportunity of all time - as no race in human history - which has an OSTENSIBLE DEMOCRACY - has such love for a foreign nation,and such hatred for the nation,in which they are imprisoned.

Riaz Haq said...

How Korean culture became a global phenomenon

https://www.marketplace.org/2021/11/18/how-korean-culture-became-a-global-phenomenon/

The world has been going a bit crazy for Korean culture. The Netflix drama “Squid Game” skyrocketed to popularity. Its creator, by the way, said there will be a season two. Last year, “Parasite” became the first non-English-language film to take home the Oscar for best picture. There’s also K-pop (think bands like BTS) and kimchi. Korean culture has made such an impression that 26 Korean words were recently added to the Oxford English Dictionary. One of those words, “hallyu,” translates to “Korean wave” — coined to describe global interest in the country.

South Korea’s growing cultural power didn’t happen overnight. It’s been decades in the making.

“Starting in the mid-1990s, the Korean government made an effort to bring the cultural industries as part of the national economy,” said Dal Yong Jin, the author of “Transnational Hallyu.”

South Korea’s economy at the time relied mostly on conglomerates like Samsung and Hyundai, brands the government helped create. So, the government goes to these corporations and asks them to help fund the entertainment industry. Part of the pitch is that Samsung and Hyundai will benefit, too.

“The spillover of popular culture is everything,” Jin said. “Because of popular culture, they like Korea, they like Korean product, like their smartphones, like their semiconductors. The influence is big.”


That cultural influence can help Korea sell makeup, fashion and food the way the U.S. sells Coca-Cola and Levi’s jeans.

So, Samsung and Hyundai start their own film and TV companies. At first, the goal is to get East Asia hooked. And it works, leading to more investment in entertainment, especially K-pop. Music labels open boarding schools to groom teen superstars. The government creates a ministry of culture and ends censorship laws that forbid Korean artists from singing in English. K-pop grows right as social media explodes. And in 2012, Psy’s “Gangnam Style” becomes the first video to break 1 billion views on YouTube.

K-pop “has just the right balance of local elements and global elements, something familiar and something strange. And I think the mix of that is very attractive,” said Suk-Young Kim, a professor at the School of Theater, Film & Television at the University of California, Los Angeles.

She said K-pop’s quirky, bubblegum vision of Korean youth sparked global curiosity in Korean culture. And it helped prepare people’s palates for more complex portrayals of Korean life: Think dystopian dramas like “Parasite” and “Squid Game.” These stories explore a growing wealth gap in a country that rebuilt itself after war and military dictatorship.

This history is a key reason that other cultures have been so receptive to Korean entertainment, Kim said.

“Korea being kind of mid-power has its own benefits,” she said. “You know, it is not small so that it has no resource to support soft power, nor has it been a superpower to create this emotional and cultural resistance.”

South Korea seems to be on its way to becoming a superpower, at least culturally. Today, entertainment is one of the country’s fastest-growing exports. It’s worth $10 billion, just one-tenth of its semiconductor exports.

But the rising influence of Korean culture? That’s priceless.

Riaz Haq said...

Netflix India Content Chief Monika Shergill Discusses Local Strategy – APOS India

https://variety.com/2021/streaming/asia/netflix-india-content-chief-monika-shergill-1235117471/

Post pandemic, the Indian streaming audience is willing to consume varied content, and Netflix plans to serve them from around the world, as well as offering a plethora of local content, according to Monika Shergill, VP, content, Netflix India.

Speaking at the APOS India media conference on Tuesday, Shergill said, “Over the last couple of years, we’ve had a dramatic growth … what we’ve really seen and learned over the last couple of years, particularly, is that the Indian audience is really ready for a lot of experimentation.”

Shergill, who originally hails from the world of linear television, with stints at Star (then operated by Fox) and Sony, said that since the medium catered to a broad audience, it resulted in a “homogenized creativity, where [creators] had to stick to certain kinds of storytelling,” but that’s now changing rapidly.

Shergill points to a nearly 400% uptick in viewing of Korean content, a massive take up of Spanish programming, a 100% increase in kids content consumption and a 250% increase in nonfiction and unscripted content viewing from different parts of the world, in recent times, on Netflix India.

Catering to the core market with Indian programming, however, still remains a key pillar for Netflix.

“The one thing that matters to us most is how do you push the known and the familiar,” said Shergill. “You program to the audience taste and you push back on the audience taste and you make them have an acquired taste.”

The strategy for India, therefore, is to have a “deep and broad” range of Hindi-language programming, including commissioned original series and films and licensed films, while also growing documentary and unscripted formats and content in the South Indian languages of Tamil, Telugu and Malayalam.

“Netflix is perceived as a global brand, telling global stories and in every country having the kind of impact that it has, but if I just look at the core of Netflix and what the service is designed as, I would say that it is so well designed to be a very Indian service, because if you look at Indian audiences, we are such a heterogeneous audience, the tastes that we have, culturally, we are such a diverse population,” says Shergill.

“I feel Netflix is so culturally relevant to India, because we are geared up as a service to program to different formats, genres, tastes, moods,” Shergill added.

The executive said the demand for streaming content has also led to an expansion in the creative talent pool.

Riaz Haq said...

Ex Dictator Chun Doo Hwan is dead! Dictators Park, Chun and Roh helped turn South Korea into an Asian Tiger. #Economy via
@NYTimes

https://www.nytimes.com/2021/11/23/world/asia/chun-doo-hwan-dead.amp.html?referringSource=articleShare

During the three generals’ combined rule of 32 years, South Korea rose from the ruins of the 1950-53 Korean War to become one of Asia’s Tiger economies, overtaking rival North Korea in industrial output and national income. While Mr. Chun was in office, South Korea tamed its chronic inflation, and its economy was among the world’s fastest growing, expanding an average of 10 percent a year.

His government also overcame huge odds against Japan, its historical enemy, to win the right to host the 1988 Olympics, widely seen as a coming-out party for the once war-torn nation.

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Chun Doo-hwan, South Korea’s most vilified former military dictator, who seized power in a coup and ruled his country with an iron fist for most of the 1980s, dispatching paratroopers and armored vehicles to mow down hundreds of pro-democracy protesters, died on Tuesday at his home in Seoul. He was 90.

His death was confirmed by South Korea’s national police agency.

In 1996, eight years after he left office, Mr. Chun was sentenced to death on sedition and mutiny charges stemming from his role in the 1979 coup and the massacre of demonstrators at the southwestern city of Gwangju the following year. But he was pardoned in 1997 in a gesture of reconciliation, shortly after Kim Dae-jung, a former dissident whom Mr. Chun’s military junta had once condemned to death, was elected president.

Mr. Chun, who ruled from 1979 until early 1988, was also convicted of collecting hundreds of millions of dollars in bribes from wealthy, politically connected families known as chaebol, whose businesses expanded into conglomerates with the help of tax cuts and other government favors.

Unapologetic to the end, Mr. Chun was the last to die among South Korea’s three military general-turned presidents.

As an army captain, he took part in Maj. Gen. Park Chung-hee’s coup in 1961, a move that secured his place in Mr. Park’s military elite. When Mr. Park’s 18-year dictatorship abruptly ended with his assassination in 1979, Mr. Chun, by then a major general himself, staged his own coup to usurp control. He later handpicked his friend Roh Tae-woo, also a former general, as his successor. Mr. Roh, president from 1988 to 1993, died in October.


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“Among South Koreans, his name is synonymous with a tyrannical military dictator,” said Choi Jin, director of the Institute for Presidential Leadership in Seoul. “His positive achievements are far outweighed by his negative legacies — the illegitimate way he came to power and the dictatorial streak that ran through his term.”

Chun Doo-hwan was born on Jan. 18, 1931, to a farming family in Hapcheon, in what is now southern South Korea. Korea was a colony of Japan at the time.

While his father, Chun Sang-woo, ran from debt-collectors and Japanese police officers (after pushing one off a cliff), his mother, Kim Jeom-mun, had high expectations for Doo-hwan, one of four sons. When a Buddhist fortuneteller predicted that her three protruding frontal teeth would block the boy’s path to glory, she rushed into her kitchen and yanked them out with a pair of tongs, according to “Chun Doo-hwan: Man of Destiny,” an authorized biography published after his coup.

After finishing vocational high school, Doo-hwan gave up going to college because he could not pay tuition. Instead, he joined the Korea Military Academy, where he practiced boxing and captained its soccer team as a goalie. (As president, he used to call the head coach of South Korea’s national soccer team in the middle of a match to dictate game strategy.)