Yoon vows to create freer, fairer society for new graduates

• Published date: 28 February 2023
• Publication title: The Korea Times

President Yoon Suk Yeol addressed the graduating class of Yonsei University on Monday, saying he will create a fairer society free from the "cartels of those with vested rights."

In his commencement address, Yoon also asked the graduating students to march together toward innovation with the aim of adjusting the country's systems and institutions to the global standards of innovative and advanced nations.

"Innovation is achieved when we break up the cartels of those with vested rights, create a freer and fairer system, and practice it together," he said before some 1,300 graduates and school officials.

"Innovation is bound to be accompanied by the resistance of those with vested rights. When we have the will and courage to overcome this, that is when we can realize innovation," he added.

Yoon said it would be difficult to expect innovation and speak of the future if laws are trampled on, anti-intellectualism flourishes and rent-seeking by those with vested rights is left unaddressed.

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