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Contents Introduction 1. Missing Links in Understanding the Korean Developmental Model PART I: THE CULTURAL DIMENSION: CONFUCIAN TRADITION 2. Confucian Ethics and the Spirit of Capitalism in Korea: The Significance of Filial Piety PART II: THE SOCIAL DIMENSION: AFFECTIVE NETWORKS 3. Affective Networks, Social Capital, and Modernity in Korea 4. Historical Development of Affective Networks in Korea: The Non-governmental Sector and Confucian Tradition PART III: THE POLITICAL DIMENSION: STATE-SOCIETY RELATIONS 5. Confucian Capitalism of Park Chung Hee: Possibilities and Limits 6. Generalized Reciprocity between Strong State and Strong Society: Park Chung Hee and the Korean Developmental Path 7. Did the 1997 Financial Crisis Transform the S. Korean Developmental State? Focused on the Public Fund Conclusion 8. Moral Economy References in English Language References in Korean Language Index

Confucianism has been considered mainly to have had a negative influence on capitalistic development since Max Weber's theory on non-Western societies became widespread. However, in this article, we champion the positive role of Confucianism and attempt to explain Confucianism as providing fundamental "significance" to social development by imbuing it with religious significance. We present the self-sacrificing work ethic and zeal for education that characterizes Confucianism as having become the foundation for Korea's economic growth. In particular, we examine the religious significance inherent in the Confucian value of "filial piety" and illustrate how the value came to be a powerful economic motivator during the process of industrialization. The religious tendency of filial piety, which attempts to "remember" and "represent" one's ancestors, acted as an important spiritual ethos in Korea's social development centered on economic growth. Filial piety did not stop at being an ethical standard; it was the fundamental basis for macrosocial dynamism that was closely linked to the development of capitalism in Korea.