World News

I mean, some cash is nice but the reason people don’t have kids is

• a bleak future in the face of a collapsing ecosystem
• late stage capitalism forcing people to work all day just to be able to afford existing
• degrading childcare infrastructure amidst missing teachers, preschool educators, daycare workers, etc. And a general social climate hostile to raising children
• and lastly of course the crippling loneliness epidemic, leaving many people (particularly men) unable to find partners

"South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children."

This seems fishy to me.

Why not develop tax incentives and subsidies for the parents directly, instead of giving companies another loophole?

My sister lived in S Korea a few years ago, and keeps up on some stuff. She mentioned the feminist 4B movement. Quoting an article:

4B is shorthand for four Korean words that all start with bi-, or “no”: The first no, bihon, is the refusal of heterosexual marriage. Bichulsan is the refusal of childbirth, biyeonae is saying no to dating, and bisekseu is the rejection of heterosexual sexual relationships. It is both an ideological stance and a lifestyle, and many women I spoke to extend their boycott to nearly all the men in their lives, including distancing themselves from male friends.

So some of this might be the movement, which is against the patriarchal society Asian countries are famous for (and part of why so many weeb incels want Asian "submissive" wives). Has my respect too. Iirc some men have been violently attacking women over it, bur I can't find a link in the limited time I have atm.

$75,000 for ONE child seems almost reasonable. $22,400 is a fucking joke.

Maybe not be so openly racist south Korea.

Everyone I know that's gone to work that has told me of the openly - although polite - racism that takes place there.

Wanna go this tat club with you south Korean friend? Oh sorry you can't because your not native.

Fall in love with a local? Hope you plan on moving outta the country because everyone will hate the both of you.

Nope. Did it to themselves.

Think I read somewhere they are the most pure race anywhere in the world.

But because my son got my German citizenship he get's nothing, even though both his parents pay huge amount of taxes. We even need to pay for the Kindergarten out of pocket, which just so became quite more expensive too.

But to be honest, I don't want him to grow up here in Korea with all the pressure and the bleak outlook into the future where one worker will need to pay for one retired person too, especially for all the retieries who didn't have children for whatever reason.

You couldn't pay me a million to make another being have to live on this planet.

If I were offered $75k to have 1 kid, I'd still have to turn it down.

Stupid question, but why not just target more immigration? It's not like there aren't enough people in the world. Having babies first taxes the economy, then eventually helps it. Letting immigrants in now helps now. And they'll probably have babies.

Amazing to see marxist theory in action like that. It's so on the nose too, if that was in a novel it would look rather shoehorned in.

I'd be willing to migrate as a skilled worker to some first world country desperate for tax payers and people who aren't too socially repressed to have a family.

But... naaah, I'm a dirty foreigner. What do I know? I'm sure they'll figure it out.

Finally somebody listened to me. JFC you have to pay people to have and raise kids, it's stupidly expensive.

Hey Canada. This is what people want if you want us to breed.

This is the best summary I could come up with:

A South Korean firm is offering employees up to $75,000 to have children and help lift the country's ailing birth rate.

The announcement comes after Booyoung Group, a construction firm based in Seoul, earlier this month declared it would give a $75,000 per-child bonus to employees who have babies, CNN reported.

The company's employees have collectively had at least 70 children since 2021, so the firm is on the hook to disburse $5.25 million in cash to its workers, per CNN.

Like in China and Japan, South Korea's aging and increasingly imbalanced population means there could be a surge in retired older people who require medical care while the country's supply of younger workers dwindles.

South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.

In Seoul, municipal authorities are giving $750 every month to parents who have children until their babies turn one year old.

The original article contains 305 words, the summary contains 163 words. Saved 47%. I'm a bot and I'm open source!

Vouchers for babies lol

How are the social laws in Korea for this? Like parental leave, healthcare, government support for kindergarten and schools, housing?