You're right. This stems from the characteristics of a small country. In fact, in Korea, Twitter (X) is looked down upon as something only crazy people use, and its image is not good.

But the overall situation you described is basically a combination of a chaebol-centered, family-run system of national governance, layered on top of large corporate oligarchy. Within that structure, the problem becomes one of survival through vendor contracts rather than aggressive investment—that's the real issue.

I personally hate this culture, which is why I'm trying to get a job in the U.S. Working 84 hours a week for three months and making less than 8 million won is exhausting.