Lee Jae-myung Wants to Limit the Number of Restaurants in South Korea

Someone needs to give Presidential candidate Lee Jae-myung a lesson in capitalism:

Ruling Democratic Party of Korea presidential candidate Lee Jae-myung purchases persimmons at a traditional market in Gwanak District, Seoul, Wednesday. Joint Press Corps

Ruling Democratic Party of Korea presidential candidate Lee Jae-myung stirred controversy with his idea of putting a cap on the number of restaurants in the country, which the main opposition party described as “a totalitarian idea.”

During his visit to a traditional market in Gwanak District, Seoul, Wednesday, Lee floated the idea, saying, “I have a thought of running a system that puts a cap on the number of restaurants.”

Lee mentioned the idea while expressing concerns over the large number of people opening eateries, only to close them down after failing to make ends meet.

“Though debate is required for this idea, I think the system is necessary,” Lee said during a meeting with stall owners at the market. “I wasn’t able to introduce the system due to concerns that it could infringe on freedom, but I don’t think such a cap is a bad idea … It is not freedom to open restaurants randomly and go broke. Good regulations are needed.”

Korea Times

You can read more at the link.

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J6junkie
J6junkie
2 years ago

The first of many freedoms to be curtailed by the Commie mayor of Daejang dong.

ChickenHead
ChickenHead
2 years ago

J6, do you really think you know better than the professionals on the Economic Steering Committee at the Ministry of Central Planning?

You clearly are not familiar with the expected economic growth contained in the upcoming Five Year Plan.

Perhaps we should meet at State Restaurant 5473 and discuss how more regulation can set you free over a cup of tree bark tea.

Korean Man
Korean Man
2 years ago

ROK Drop rightists up in arms.

Which means he’s the right man for the job.

Vote for Lee Jae Myung.

setnaffa
2 years ago

RoK voters can choose to get it any way they like… But the more they get, the less lube is applied…

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