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Notes -
Ross Douthat on South Korea's abysmal fertility rates.
It's a direct warning to the United Sates; Douthat concludes with "So the current trend in South Korea is more than just a grim surprise. It’s a warning about what’s possible for us." I think it's worth separating and then reintegrating a few of the items that Douthat brings up in the context of some recent Motte threads on both immigration and the sexual revolution. I'll add some of my own new comments on religion.
First, on the sexual revolution specific to the South Korean context. South Korean women enjoyed the same kind of personal "liberation" that women did and the pill, as it did everywhere, removed the very real possibility of pregnancy from sex. The conservative traditions of the South Korean monoculture, however, remained mostly in place so there was no summer of love and significantly less tolerance, even today, for loud-and-proud promiscuity. As Douthat writes, pregnancy outside of wedlock in South Korea is extremely rare. Alright, so South Koreans aren't orgy-ing it up, but they still get married and start families?
No, they don't. (Note: this article goes into more depth on everything that Douthat's op-ed covers).
In short, being married in South Korea seems like it sucks. There's such an emphasis on child success (in the purely credentialist sense; grades, prestigious school attendance etc.) paired with a brutal "work hard for the sake of working hard" career culture that South Korea parents, apparently, never have time to have fun or relax. What's more, they aren't really raising their children in any sort of tailored or individual way - there's a signal success criteria, and the mission is push the kid as far as they can go within that criteria. Child are a prestige project. Even worse, the filial culture also means that children are expected to be utterly obedient to their parents without question. It would seem that a very likely scenario playing out in many South Korean homes is parents ordering their children to do homework that they (the children) have no interest in while the parents would rather do something fun with the kids, and neither party can actually admit to that mutual preference, so they both continue with the drudgery. It's a weird backwards Prisoners Dilemma where both prisoners admit to a crime they both didn't commit and explicitly ask for the maximum sentence.
All of this has lead, unsurprisingly, to a fertility crisis that could be demographically more damaging than the Black Death (caveat: with straight line projections and no intervention or policy shifts. See Douthat article). The obvious option of throwing open the floodgates to immigrants is an utter non-starter in the context of South Korean monoculture and, with the live fire exercise mass immigration into Europe, probably also unlikely to receive support from "pragmatic" policy makers.
As the linked articles describe, the Government is trying to match-make its own citizens and in the South Korean culture wars you have extremist MGTOW style groups for both women and men. Oh, and the North Koreans are still a credible invasion threat and the SK military may run out of men. Super.
Douthat's article gives it only one sentence of attention, but I think a big item of importance here is that South Korea isn't a "religious" society in the Western sense. Its social and cultural mores are most heavily influenced by filial devotion and family-ethno-cultural tradition in a secular context. I wonder if that is part of the root cause of the problem.
Raising children has always been difficult. When you exist with a personal belief that having children is an order from God for most (but not all) people, you can get through much of the difficulties of child rearing, perhaps multiple times. I'm reminded of a recent interview with Jensen Huang, co-founder of nVIDIA, where he stated that, knowing what he does now, he probably wouldn't start a start-up again. This is because it's just too damn taxing. He went on to say that one of the major advantages of first time founders is that they don't know how insanely hard it's all going to be and they often operate with an insanely highly level of personal belief in their success and a lack of knowledge of the difficulty reality. I think anyone who's been around first time parents (before birth) sees a similar hyper-optimism.
That South Korean's culturally lack a transcendental, faith based backing for having children seems, to me, to be a deeper and distinctive cause of the fertility crisis there. (Distinctive in that there are also conditions present in SK that obviously correlate to low fertility, but those conditions are present in other societies with low fertility as well, not least of which is rapid economic growth and very high levels of basic education and standard of living). If you don't have "Master of the Universe says so" pressure mixed with "but Master of the Universe will help me out!" optimism, I don't see gaggles of South Korea children streaming through the streets.
Phrased differently, it seems to me South Korean's may be too realist and grounded in their evaluations of things. Again, having children is hard. If you analyze all of the realities of child rearing, you are going to find thousands of reason not to do it. Without a faith-level "Yeah, but fuck it!" decision making mechanism, it makes sense that a highly educated and highly rational community would not see many kids.
I'll conclude by asking the Motte to chime in on anything about the above, of course. More specifically, however - To what extent are the Judeo-Christian roots of the United States responsible for cultural attitudes of "hyper optimistic belief" around things like child rearing, entrepreneurship, scientific frontier-ism (space travel, moon landing, AI). I worry that on the Right, Judeo-Christian ethics are mostly touted as ways to keep social order and cohesion and, on the Left, they're derided for a lack of acceptance and as an inhibitor to full self-expression. That's one axis, sure, but I don't think it's the entire problem space. Moreover, is much of the rising Western trouble with pervasive anxiety, sexlessness, poor family formation, etc. partially due to a loss of a quasi-faith belief structure.
Every society has their "golden path": study, employment, marry, have kids, retire, die. In Korea, the golden path is very well-established: study, get into a university, graduate, get a white-collar job, get engaged, buy a condo, marry, move into the condo upon returning from the honeymoon, and have kids 9 months later. Note two things: first, marriage is scheduled shortly after the couple buys a condo, and second, that most of the people who deviate from this golden path (traditionally) will have been low-status, low-class, or of lower impulse-control. Deviations from the path result in a loss of social status, a lot of awkward conversations with friends and relatives, and sometimes even the loss of legally-mandated benefits (which benefits are rather small to start out with).
So the failure to have kids is tied up in a cultural resistance to deviate from the path, as well as with inability to buy flats.
The average price of a flat in Seoul doubled from 2018 to 2021.
There isn't much more to be said. Any dual-income, median-wage-earning, responsible millenial couples (1) who were saving up to get married discovered mid-pandemic that the prices on flats were rising at roughly 5x the rate at which they could put away money. (2) Half the young professionals I know were hodling their savings into cryptocurrency and stonks, because nothing else had a high enough rate of return to keep up with housing (and then Tether blew up).
The government is unlikely to do anything about housing prices: popping the housing bubble would devastate the economy, stop a bunch of construction projects needed for increasing housing supply, devastate the wealth of the political class, and wipe out the wealth of retirees who were putting their money into housing funds and are very politically active. Much easier to shrug shoulders about subsidies for kids are not working and there is nothing that can be done.
(1) Young white collar couples will not earn median income in Korean society. Millenials in their 30s might, but in their 20s they are working overtime gratis for a chance at getting promoted.
(2) This oversimplifies, omitting the interest rates on jeonsae mortgages, which are a whole 'nother level of fucked up: the tenant takes out a mortgage to put down a deposit for a two-year housing lease, where the deposit is capped at 80~90% of the value of the property. The landlord keeps any interest made when investing the deposit, and when the two-year lease is over may renegotiate and increase the deposit amount. So the tenant needs to save up the money for an upcoming increase in the deposit while also paying back for the interest on the deposit to the bank. At some point around 2021 jeonsae increases of $100,000 were not uncommon.
Tether never blew up, are you thinking of Luna?
Yeah, I was thinking of Terra. Not really into crypto.
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