# @planetmoney on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=3f3Qt7DFLa8
- **Gondola URL:** https://gondola.cc/posts/69393481-planetmoney-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/f8dec332a9.jpg
- **Posted:** 2026-08-19T07:45:00.000+00:00
- **Account Owner:** Planet Money (@planetmoney) — https://gondola.cc/planetmoney

## Caption

This week’s stop on our world tour - Korea. A country divided into two very different power structures since the end of WWII. Today South Korea is the maker of some of the world’s favorite exports – from Samsung TV’s to BTS. But 75 years ago it was a much different story. How the textile industry and a partnership with Bangladesh lifted the country out of poverty and paved the way for rapid economic growth.


Then later in this episode – how entrepreneurial endeavors look different on the other side of the 38th parallel. We’ll follow a woman who started her own small business selling goods in North Korea. How are the Donju, members of the affluent entrepreneurial class, faring and can capitalism exist in a highly restrictive socialist society?

Featured Episodes:


  •  Richard Nixon, Kimchi and the first clothing factory in Bangladesh (2013) (https://www.npr.org/sections/money/2013/11/27/247564324/episode-499-richard-nixon-kimchi-and-the-first-clothing-factory-in-bangladesh) 
  •  North Korea's Capitalists (2017) (https://www.npr.org/transcripts/551232343) 

Featured Terms: 


  •  Volatility
  •  Inflation expectations
  •  Capital controls
  •  Austerity

Support:


  •  NPR+ (sponsor-free listening & bonus episodes)  (https://n.pr/3HlREPz) And please click “follow” in your podcast app so you don’t miss an episode.

Read: 


  •  Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (https://lnk.to/i3AukBdD)  (Audiobook here (https://open.spotify.com/show/509P7k1QPcwgzOSCqVCDCZ) ) 
  •  Our weekly longform Planet Money newsletter (https://n.pr/3zrFvUB) 
  •  Our weekly Indicator link round-up newsletter (https://www.npr.org/newsletter/indicator) 

Follow: 


  •  Instagram (https://n.pr/3FqLuws) 
  •  TikTok (https://n.pr/3sGZdrq) 
  •  YouTube (https://lnk.to/iCVDaW3C) 
  •  Facebook (https://n.pr/3h92GwS) 

This episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Schuyler Swenson and Sophia Paliza-Carre and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Charlotte Isidore and engineered by Annlie Huang.

Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. Planet Money's perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org (http://plus.npr.org/) .

See pcm.adswizz.com (https://pcm.adswizz.com)  for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

## Stats

- **Views:** 585
- **Likes:** 5
- **Shares:** 0
- **Comments:** 1

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Planet Money | @planetmoney | https://gondola.cc/planetmoney | Podcast |

---
Copyright (c) Gondola