The KOSPI index has seen a sharp decline, reigniting discussions around 'excess profit sharing' that had previously emerged in political and labor circles. As recent stock market downturns have led to significant investment losses, some online users have criticized, "Shouldn't we also discuss sharing excess losses now?"
On July 29, a post titled 'The Disappearing Term Amid KOSPI's Plunge' circulated widely on major domestic online communities.
The post included the phrase 'excess profits' and stated, "As the KOSPI collapses, those who were excitedly discussing it have all gone silent."
This is interpreted as a reference to earlier discussions in the political arena regarding corporate excess profit sharing and recovery. As the stock market weakens and individual investors face increasing losses, criticisms have arisen that while profit sharing was discussed, losses are being ignored.
Online users reacted with comments such as, "Isn't it time to talk about sharing excess losses?"; "Shouldn't the government compensate for losses in leveraged ETFs?"; "It's surprising that people with such ideas are running the country"; and "It reminds me of the saying about having a government that matches the level of its citizens". Others noted, "Once things settle down, they will bring up excess profits again."
Some criticized the entire political landscape. One user remarked, "No matter how many mistakes the conservative government makes, politics ultimately has to compete among conservatives," adding that "the logic of recovering excess profits does not align with market principles in a capitalist system."
Meanwhile, the domestic stock market is undergoing significant adjustments due to weakness in the semiconductor sector and a decline in global investor sentiment. Consequently, the discussions around corporate profit sharing that had emerged in the political sphere are once again at the forefront of online public opinion.
* This article has been translated by AI.
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