May 23, 2024

Masters of the farm: North Korea’s new agricultural entrepreneurs

The "Field Responsibility System" gives bosses much greater incentives to innovate

North Korea’s supreme leader is a very powerful man in his own country, and his words should be taken very seriously. His words, indeed, are law, and while economic systems have a habit of not simply obeying the law, when something is legal, it makes it less worrisome to be caught doing it.

That’s why the rather innocuously titled 'Let's hold aloft the values of the Socialist Rural Theses and innovate in agricultural production' is, like all of Kim Jong Un’s speeches, worth a read.

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