노조와 상종 안해요 기부할게요" 46일만에 300억 증발시킨 삼덕제지가 몰락한 진짜 이유

Samdeok Paper, a local Anyang company that had never once posted a deficit in 42 years. It took a mere 46 days for that company to disappear from the map. In July 2003, the labor union, affiliated with the Korean Confederation of Trade Unions (KCTU), believed, "Surely they wouldn't close down?" However, 80-year-old founder Chairman Jeon Jae-jun donated the entire 30 billion won factory site to the city and declared the dissolution of the corporation in just 10 seconds in the Anyang City Hall briefing room. The profit from selling a 1,000-won paper box was a mere 20 won. 42 years had accumulated on that thin margin of a single coin. In this video, we dissect what happened during those 46 days, and the structural reasons why labor-management conflicts uniquely in Korea end in the demise of workplaces, using four economic concepts: trust capital, the agency problem, the chicken game, and the prisoner market. From 73.1% of SsangYong Motor union members voting to withdraw from the KCTU, to Hyundai Motor achieving six consecutive years of strike-free settlements from 2019 to 2024. We delve together into the equation of collapse that is repeating itself across the nation even at this very moment. ▶ Main Contents 00:00 An Asset Not Recorded in the Accounting Ledger 02:00 46 Days Beneath a Peaceful Park 04:00 The 42 Years of Kaesong Merchants and Trust Capital 06:00 The IMF's Burden Sharing and July 2003 08:00 The 46-Day Game of Chicken and the Price of Bluffing 10:00 Donating Money to the Union — 10 Seconds of Decision 13:00 The Reason It Only Explodes in Korea — The Prisoner Market and Withdrawal Options 15:30 The Resumes of 60 Households and the Changed Hyundai Motor 17:30 Back to the Park — The Irreversibility of Trust Capital ▶ Sources Gyeonggi Ilbo 2003.08.06 / OhmyNews 2003.07.11 · 2010.10.14 / Kiho Ilbo 2010.10.13 Anyang Regional Urban Archives Research Institute / Wikipedia / Samdeok Park / Sisa Journal 2024 / Newsis July 13, 2024 ※ This video has been reconstructed based on publicly available media reports and official materials. Some of the Chairman's remarks include expressions adapted to preserve the intent conveyed in related reports. #KoreaEconomy #EconomicCrisis #EconomicNews #CurrentEconomy #Collapse #Economics #SamdeokPaper