Hwang Kyo-ahn, leader of the Liberty Korea Party, and Shim Jae-cheol, floor leader, are attending the Supreme Council meeting held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

Hwang Kyo-ahn, leader of the Liberty Korea Party, and Shim Jae-cheol, floor leader, are attending the Supreme Council meeting held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

View original image


[Asia Economy Reporter Park Cheol-eung] Shim Jae-cheol, floor leader of the Liberty Korea Party, stated, "We will definitely block the concept of public land ownership." This was in response to Lee In-young, floor leader of the Democratic Party of Korea, who said in an interview with Asia Economy on the 4th, "After the general election, discussions on constitutional amendments, including the concept of public land ownership, are necessary."


At the Liberty Korea Party's Supreme Council meeting on the 6th, Floor Leader Shim said, "Lee In-young mentioned in an interview with the media that the concept of public land ownership should be addressed as a constitutional amendment topic after the general election," adding, "This is not the first time the Democratic Party leadership has made such claims. Representative Lee Hae-chan said in September 2018, and Minister Choo Mi-ae also stated during her time as party leader that 'the right to use land should be given to the people, but ownership should belong to the state,' which aligns with the Chinese model. This is also reflected in the government's constitutional amendment proposal."


He continued, "Lee In-young's remarks seem to be a declaration that the Democratic Party and the broader ruling coalition intend to pursue a socialist constitutional amendment after the general election."


Shim Jae-cheol added, "The Moon Jae-in administration previously suggested removing 'freedom' from liberal democracy in its constitutional amendment proposal but later reversed that stance. It seems that the real estate transaction permit system mentioned by Kang Ki-jung, Senior Secretary for Political Affairs at the Blue House, was not just an offhand comment."


He emphasized, "It appears the government intends to move toward socialism like China. Lee In-young's statement reaffirms that this general election is a crucial one that will determine the nation's fate. The concept of public land ownership is nothing but forcing the abandonment of a free market economy in favor of a socialist economy. The Liberty Korea Party opposes this unconstitutional and anti-market concept of public land ownership and will definitely block it."



In his interview with Asia Economy, Lee In-young said, "It is desirable to discuss constitutional amendments within the political landscape created by the general election results," and added, "There is debate over whether the concept of public land ownership is part of the constitutional spirit, but I believe it is. I hope this can be clarified through constitutional amendment discussions."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing