Abstract

This study empirically examined the impact value preference for growth and distribution may have on ideological tendency, using the “Korea Social Integration Survey” as base-line data. Specifically, this study assessed the distribution of ideological tendencies by household income levels and empirically analysed the possible link between the preferred-value system of growth and distribution and ideological tendencies(i.e., progressive or conservative tendencies) using a process SPSS macro. The results are as follows. First, people in lower income classes reveals the stronger tendency for conservatism. Second, regarding the relationship between value preference and income levels, the moderating effect was not immediate in the entire period, but in the period of 2021 lower income classes tended to be skewed to a more conservative continuum. In particular, it was found that the positive relationship between value for growth and conservatives was reinforced especially in the low income classes. It helps to interpret the class treachery vote, revealed in the 20th presidential election, in which people in the low-income class supported the conservative party. Korean economy is running out the efficiency of endogenous growth engine, mainly due to the transition to an aging society and economic polarization, coupled with repeated external economic shocks. Under such growth constraints, political parties should come up with a pragmatic policy that satisfies the expectations of voters by integrating growth and distribution perspective into economic policies.

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