Kim Ki-hyun "Profit-sharing system requires proper discussion, not just a temporary phase transition"

Kim Ki-hyun, a member of the People Power Party, is holding a press conference on the 7th at the National Assembly Communication Office to propose an amendment to the 'Prosecutor Disciplinary Act' to prevent Minister of Justice Chu Mi-ae's reckless actions. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Lee Ji-eun] Kim Ki-hyun, a member of the People Power Party, urged that a proper discussion is needed regarding the 'profit-sharing system' promoted by Lee Nak-yeon, the leader of the Democratic Party of Korea, rather than using it as a temporary phase diversion.

On the 14th, Kim said on Facebook, "We need a proper discussion on a 'wealth concentration alleviation system' that prepares for future society, not a temporary phase diversion 'COVID-19' profit-sharing system."

He pointed out that the profit-sharing system proposed by Lee is a topic brought up as a tactical measure for temporary phase diversion and responsibility shifting, but added, "Regardless of the background, at a broad level, South Korea now needs to discuss measures to alleviate wealth concentration caused by large capital."

Kim said, "However, an important premise is that if state power intervenes in the profits of private companies, there must be reasonable principles and standards that both companies and all citizens can accept," adding, "Otherwise, it is nothing but a 'devil's whisper to hell' disguised as goodwill."

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