Book Review: A Capitalist in North Korea: My Seven Years in the Hermit Kingdom by Felix Abt
Rating: ★★★★☆ (3.62/5) | Get the Book on Amazon
A Rare Glimpse Behind the Curtain
Felix Abt's A Capitalist in North Korea offers a fascinating perspective rarely seen in Western media—a Western businessman's firsthand account of living and working in the world's most secretive nation. Over seven years, Abt navigated North Korea's complex economic landscape, providing readers with a nuanced portrayal beyond the usual political headlines.
What Makes This Book Special?
Unlike sensationalized accounts of North Korea, Abt presents a balanced narrative that acknowledges both the country's challenges and the ordinary lives of its people. Reviewers consistently praise how the book:
- Humanizes North Korean citizens beyond stereotypes
- Explores the surprising pockets of capitalism within the socialist system
- Provides concrete examples of cross-cultural business challenges
- Offers insights into the gradual economic changes occurring
Strengths of the Narrative
Abt's background as a businessman brings practical observations about North Korea's emerging markets. He details how local entrepreneurs operate within (and sometimes around) government restrictions, creating a unique economic ecosystem. The book shines when describing:
- The "donju" (new moneyed class) and their influence
- How foreign businesses navigate regulations
- Daily life surprises that contradict Western assumptions
A Balanced Perspective
While acknowledging North Korea's political realities, Abt avoids oversimplification. He shares positive interactions with locals while not ignoring systemic issues. This middle-ground approach has drawn praise from readers seeking to understand the country beyond propaganda from either side.
Considerations for Readers
At 319 pages, the book provides substantial detail that may feel slow to readers seeking dramatic revelations. The strength lies in its observational depth rather than thrilling narrative. Those interested in:
- Geopolitical analysis may want supplemental reading
- Business anthropology will find rich material
- Cultural insights will appreciate the everyday details
Final Verdict
A Capitalist in North Korea fills an important niche in literature about the Hermit Kingdom. Abt's unique position as an insider-outsider provides valuable perspectives on economic development and cultural exchange. While not a comprehensive political study, it offers something more valuable—a humanized portrait of a misunderstood nation.
Perfect for: Readers curious about North Korea beyond headlines, business students studying emerging markets, and anyone interested in cross-cultural experiences.
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