This is a truly desperate situation. We cannot miss the golden age of the Republic of Korea. | Kim Min-seok, former Prime Minister [The People]

Summary

In an interview with former Prime Minister Kim Min-seok, now a candidate for leadership of the ruling Democratic Party, he discusses his political motivations, the party’s internal divisions, youth voter concerns, and his firm stance against reviving the financial investment tax despite the stock market’s surge, arguing that market stability should come first.

• Kim Min-seok explains his candidacy is driven by a sense of urgency to stabilize the ruling party and support the president’s agenda.
• He attributes the party’s post-election turbulence to campaign execution problems rather than deep structural rifts.
• On youth issues, he acknowledges a widening support gap among voters in their 20s and 30s and calls for bold housing and job policies.
• He firmly opposes bringing back the financial investment tax (capital gains tax) now, citing lingering market volatility and economic stability concerns.
• He asserts that the government’s capital market reform and stock market activation policies will not be reversed.
• He notes that semiconductor-driven growth and commercial law amendments still provide upside for the KOSPI.
• The interview also covers internal party matters such as dual party membership and religious group political interference.
• He concludes by promising to restore party discipline, support the president’s agenda, and engage constructively with the opposition.