New Wave - Squid Party

The New Wave - Squid Party (Korean: 새로운물결 (오징어당)) is a self-proclaimed centrist political party[1] in South Korea created to assist in Kim Dong-yeon's run in the 2022 South Korean presidential election.

New Wave - Squid Party
새로운물결 (오징어당)
LeaderKim Dong-yeon
Central PlanningMoon Woo-sik
Secretary-GeneralPark Gi-tae
Chair of the Policy Planning CommitteeSim Jae-seong
Founded28 August 2021
Membership (2021)unknown
IdeologyCentrism[1]
Reformism[1]
Political positionCentre
Colors  Green
  Yellow green
  Brown
National Assembly
0 / 300
Municipal mayor and Gubernatorial
0 / 17
Municipal Mayors
0 / 226
Local Government
0 / 2,927
New Wave - Squid Party
Hangul
새로운물결 (오징어당)
Revised RomanizationSaerounmulgyeol (ojingeodang]

History

The New Wave Party was formed in October 2021 to assist career civil servant and Former Deputy Prime Minister Kim Dong-yeon's run in the 2022 presidential election. "As long as the current political ecosystem dominated by the two major parties remains, it is impossible to resolve structural problems that Korea has been suffering from for the past 20 years," Kim said during the party's founding ceremony. Kim denied merging his new party with the two ruling parties in Korea, the Democrats and People Power.[2][3]

Cho Jung-hoon, proportional representative Member of Parliament for Period Transition, expressed his support for the creation of the Party.

On October 24, 2021, the Party adopted four key "visions:"[4]

  • Create a ‘Youth Investment Nation’ by creating a youth startup paradise
  • Work-based government through regulatory reform.
  • Resolve ‘opportunities polarization’ in income, real estate, and education
  • ‘Political reforms’ to break the winner-take-all political structure, including a 3-year limited decentralized Presidency.

References

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