How Squid Game is rooted in the Korean debt crisis
Live MintLast week, a tweet from Netflix confirmed what a lot of viewers had suspected: The South Korean survival drama Squid Game has become one of the most popular shows on the streaming service globally, with 111 million confirmed fans. Squid Game obviously references several dark chapters from South Korea’s history—the visuals of gun-toting guards overseeing hundreds of jumpsuit-clad players in a gymnasium-like setting are, for instance, inspired by photographs of South Koreans in concentration camps in the 1980s, during President Chun Doo-hwan’s “Social Purification” campaign. Director Hwang Dong-hyuk has cited many films and shows as inspiration for Squid Game, including the well-known manga series Gambling Apocalypse: Kaiji, which spawned the Kaiji anime in 2007-08. Pachinko parlours are big business for Japan’s entertainment franchises too: for example, Neon Genesis Evangelion pachinko machines had earned close to $9 billion between 2004-19, over half of the Evangelion franchise’s total worth.