Get Apps
Get Apps
Get Apps
點新聞-dotdotnews
Through dots,we connect.

Peel the Onion | Squid Game Netflix Review: Predatory Capitalism Laid Bare (Part II)

Peel the Onion
2021.11.27 17:25
X
Wechat
Weibo

By J.B.Browne

Red Light, Green Light

Squid Game's creepy laser-eyed doll in a bloody version of the children's game "red light, green light" (Photo: Netflix)

Written and directed by Hwang Dong-hyuk, Squid Game is a profoundly resonant work that deals with the human psychology of inequality and economic exploitation in capitalist South Korea. The mini-series picks up the threads of the moral convulsions of big-budget dystopian survival dramas like 2000's Japanese movie Battle Royale and The Hunger Games movie franchise. But as razor-sharp modern K-content, it more thematically works as a running accompaniment to 2019's Oscar-winning Parasite, which offered a glimpse into South Korea's raging class divisions.

Squid Game is a dark fiction K-thriller that's violent and disturbing but also stoic and even a little funny. The central premise is this: 456 people from different walks of life who are struggling with crippling debt are deliberately targeted to join a seemingly fun social experiment — all they need to do is play some children's games, and if they win, could end up walking away with 45.6 billion won. More than enough to solve all their earthly *money* troubles.

The series follows a trio of protagonists, the narrative focal point of the all-star cast of well-known South Korean actors. The main protagonist, Seong Gi-hun (Lee Jung-jae), is a middle-aged, debt-ridden gambling addict who lives with his elderly mother. A victim of hypergamy (his ex-wife left him to marry "up"), his daughter now lives with another man. Seong Gi-hun means well, but it's unlikely he will ever recover any dignity in this lifetime. His childhood friend, Cho Sang-woo (Park Hae-soo), is a disgraced former banker wanted by the police and is in massive debt. He has more than a whiff of corporate Machiavellism about him.

Chief protangonist, Seong Gi-hun (Photo: Netflix)

In the first episode, We're introduced to both friends as children playing Grandma's Footsteps or Red Light, Green Light in South Korea. Both have monumental reasons to acquire a vast amount of wealth instantaneously. The series ends with both doing the same as adults but with much higher stakes. Kang Sae-byeok (HoYeon Jung) is the series tritagonist, a North Korean defector who joins Squid Game to get the funds to get her brother out of an orphanage and her mother out of North Korea.

The game's organizers target all 456 participants due to their seemingly irresolvable moneyless lives. And they all willingly (multiple times, it turns out) enter the game as a nothing-to-lose-win-at-all-cost way out of their circumstances. Shuttled off to an exclusive island, they are drugged and managed by eerie masked henchmen with head symbols denoting rank and responsibility. Once inside, they are required (but are also willing) to compete in a series of life and death contests as a bunch of white anglo elites watch the games "live," making bets for entertainment.

Thankfully, pockets of levity intersperse the brutal oneupmanship and moral wrangling that intensifies with each episode. We come to like and sympathize with unfortunate innocents like Ali (Anupam Tripathi), who Cho Sang-woo theatrically betrays. But also "bad guys" like neck-tat gangster Jang Deok-su (Heo Sung Tae), who is unpredictable but magnetic and entertaining all the same. An organ trading subplot allows for a good cop/bad cop family feud between the mysterious Front Man (Lee Byung-hun) and his policeman brother Hwang Jun-ho (Wi Ha-joon), who infiltrates the island facility.

And then, all of a sudden, all along, we've been in the presence of a mysterious crime lord — sweet old Oh Il-nam (Oh Yeong-su), Squid Game Player 001. Throughout the series, he's been there as one of the lighter characters; we laughed, we cried when he died, and then it's revealed that he's been running the entire thing. When Seong Gi-hun ends up winning the money, he visits Oh Il-nam, who dies a second time in the final episode when the Front Man closes his eyes. Though by now, it's clear that "Squid Game" is, in fact, a global franchise with organizers running multiple survival games.

The ending is a dark twist, paving the way for a second season with many unwrapped answers.

Squid-Eat-Squid

Capitalist dictatorship? (Photo: Netflix)

So what are the lessons of Squid Game, and why does it connect so hard with audiences? From a glocal perspective, perhaps it reflects the more profound anxieties of South Korea's place in the world, transitioning from a Third World country to a top global economy. However, it's important to distinguish that this wasn't because of electoral democracy and market capitalism. South Korea's developed world status sprung from its former state capitalism model under an authoritarian dictatorship. If the show is indeed an allegory of what Caitlyn Clark for LiveWire calls "capitalist hell," why did it take a South Korean show to reflect on the ineptitudes of such a system? Would something this brutal and honest have even been made if it wasn't from the belly of another culture? Perhaps Squid Game's cultural backdrop of "otherness" softened the blow of reality of its critical message just enough to reach a global western audience yearning for conversation. Perhaps it resonates because it reminds us of the inability of western liberal procedural democracies and free-market economies to self-analyze and does anything about it. If they haven't realized it yet, foreign viewers already live in a capitalist dictatorship informed by elite interests and brutal individualist gains. Squid Game is a curt albeit entertaining reminder.

Squid Games strikes a deep subconscious chord - that's right, a musical chord – our vibrational humanity and interconnectedness. To "win" or even survive means taking away from someone else first regardless of the consequences. From an early age, we're indoctrinated with the ideals of meritocracy. Working hard will yield material success and happiness. But when most things don't work out, as they often don't, we're imbued with a sense of existential uselessness. The game is rigged, capitalism is a myth, and we're all dogs at the end of it all.

Chief antagonist, Oh Il-nam (Photo: Netflix)

Finally, the parable of Squid Game is the parable of the old man, Oh Il-nam. Oh Il-nam got rich, bored, and wanted to return to the most fun he ever had in his life. His life illustrates a system that is failing the oppressed AND the people benefiting from it. Oh Il-nam had more success than most could ever dream of, but it was still never enough or as good as those carefree childhood dreams on the playground. The squid is not about being rich. It's about people living with basic dignity.

As he would refer himself, J.B. Browne is a half "foreign devil" living with anxiety relieved by purchase. HK-born Writer/Musician/Tinkerer.

 

The views do not necessarily reflect those of DotDotNews.

Read more articles by J.B.Browne:

Peel the Onion | Squid Game Netflix Review: Predatory Capitalism Laid Bare (Part I)

Peel the Onion | Blown Away by Dune? Six Denis Villeneuve Films You Need to See (Part II)

Peel the Onion | Blown Away by Dune? Six Denis Villeneuve Films You Need to See (Part I)

Tag:·Squid Game· Netflix Review· Predatory Capitalism· South Korea

Comment

Opinion
More >>
Opinion | China-Philippines tensions: Selective listening when a statement of restraint becomes a summons The article argues that Philippine officials have selectively interpreted Chinese Ambassador Jing Quan's remarks by focusing on his reference to China's military capabilities while overlooking his stated commitment to peace. It criticizes Manila's approach to South China Sea disputes and examines how US-Philippines military cooperation may further heighten regional tensions.
Angelo Giuliano
2026.10.18 19:35
Opinion | HK retains its crown as world's freest economy: Open-market strengths endure and 'one country, two systems' dividend persists The Fraser Institute of Canada released its Economic Freedom of the World 2026 Annual Report on 6 October 2026. Hong Kong has once again been named the world's freest economy among 165 economies, with an overall score of 8.53. Since the Report was first published in 1996, Hong Kong has consistently ranked first—clear evidence that, whatever changes the external environment may bring, the core competitiveness of Hong Kong as a free economy continues to stand the test of time and of international assessment.
Kevin Lau
2026.10.18 12:35
Opinion | 'Building Bridges'- How North Korea went from isolated pariah to strategic counterweight Since 2014, a "new" bridge has stood on the Yalu River between Dandong in China and Sinuiju in North Korea. This massive white spired bridge, built by Chinese engineering, was intended to deepen economic integration between the two Communist neighbours, having previously relied on the very small, Japanese Imperial-derived railway bridge known as the "Sino-Korean Friendship Bridge." The new bridge was thus to be revolutionary, yet for reasons entirely related to the North Korean side, it didn't open.
Tom Fowdy
2026.10.16 14:00
Opinion | Behind the double 'World's No. 1': How world-class hospitality is forging a new chapter for HK tourism Bar Leone in Central, Hong Kong, was crowned the world's best bar for the second consecutive year. Barely three weeks earlier, Rosewood Hong Kong likewise retained its No. 1 ranking, becoming the only hotel to successfully defend the title since the list was founded. Bars and hotels are two mirrors of the hospitality industry. That both "world's best" titles have fallen to Hong Kong in the same year is no coincidence—it is an objective affirmation by international professional juries of the city's service standards and business environment.
Kevin Lau
2026.10.15 09:25
Deepline
More >>
Deepline | Canton Fair: HK's 'super-connector' role helps mainland exporters win overseas orders The 140th Canton Fair opened in Guangzhou on Oct. 15, with Hong Kong leveraging its role as a "super connector" to help mainland exporters secure overseas orders, enter emerging markets and expand global R&D. Companies cited Hong Kong's international networks, innovation ecosystem and financial and aviation hubs as key advantages.
Deepline
2026.10.16 11:13
Deepline | Shenzhen, HK step up preparations for APEC 2026 with enhanced connectivity and services Shenzhen and Hong Kong are stepping up preparations for the 2026 APEC Economic Leaders’ Meeting on Nov. 18-19, with upgraded transport links, cross-border data cooperation, improved payment services and multilingual support for overseas visitors. Shenzhen's trade with other APEC economies reached RMB 1.98 trillion in the first half of 2026, accounting for nearly 70% of its total foreign trade.
Deepline
2026.10.15 15:31
Deepline | 1 in 10 claim social benefits: US media says welfare system is crushing Britain Ahead of UK Chancellor Healey's first budget for the Burnham government, Britain's troubled welfare system has once again become a media focus. The Wall Street Journal said in an article on the 11th that the UK's welfare system is "crushing" the country.
Deepline
2026.10.14 17:30
Deepline | HK attracts global fashion names as KIM JONES picks city for first flagship store Hong Kong's unique role as a gateway connecting the Chinese mainland with the rest of the world is making it a preferred destination for international brands seeking to expand their presence in Asia. KIM JONES, the eponymous fashion label founded by renowned British designer Kim Jones OBE, is set to open its first-ever retail flagship store in HK in the second half of 2027, signalling international brands' confidence in the city's core commercial districts, consumer spending power and role as a global gateway.
Deepline
2026.10.14 13:35
World
More >>
Opinion | China-Philippines tensions: Selective listening when a statement of restraint becomes a summons The article argues that Philippine officials have selectively interpreted Chinese Ambassador Jing Quan's remarks by focusing on his reference to China's military capabilities while overlooking his stated commitment to peace. It criticizes Manila's approach to South China Sea disputes and examines how US-Philippines military cooperation may further heighten regional tensions.
Angelo Giuliano
2026.10.18 19:35
Japan considers corporate tax hike to fund soaring defence spending Japan is considering raising corporate taxes to help fund a major increase in defence spending as the government moves to revise its three key national security and defence policy documents, Kyodo News reported exclusively on Oct. 17, citing multiple sources familiar with the matter. Under the proposal being discussed within the Japanese government, higher corporate income tax would provide a stable source of funding for the country's continued military expansion.
World
2026.10.18 18:21
White House press secretary out after less than a week Katie Zacharia, who took office as White House press secretary this week, is leaving the role, US media reported. President Trump had earlier told reporters she should reconsider the job.
World
2026.10.18 09:03
Meta denies interfering in Brazil's presidential election Meta denied interfering in Brazil's presidential election on Oct. 16, blaming "technical glitches" for complaints from Luiz Inácio Lula da Silva's re-election campaign. Lula will face Senator Flávio Bolsonaro in the Oct. 25 runoff.
World
2026.10.17 20:06
More
More >>
Caricature: Allied trade tensions grow as EU weighs risks of becoming Washington's next target The United States has escalated a tariff dispute with Canada, triggering fresh concerns over trade tensions among close Western allies and adding pressure on partners that could be caught in the crossfire.
Dot Dot Pic
2026.09.27 18:10
Journalist's View | He gives a thumbs-up 'you are in great spirits': Truly understand what it means to stand with HK I’ve lost count of how many times I’ve met the Chief Executive, John Lee.
Editors' Pick
2026.09.18 15:55
Journalist's Hands-on Experience | On the road to Xizang's disaster zone A reporter travels from Dingri County to the front line of the landslide-hit Gyirong Port in Xizang, witnessing rescue vehicles rushing through rain and fog after National Highway 216 was largely reopened. Along the 260-kilometer journey, the reporter speaks with local residents and rescue workers about worsening weather, helicopter operations and ongoing search-and-rescue efforts, before reaching the junction of National Highway 216, where access remains restricted to rescue vehicles.
Editors' Pick
2026.09.03 12:13
Journalist's View | There's no such thing as a 'Caotai Team' — It's just another way to encourage innovation On May 25, Chinese novelist Yu Hua posted a short video on social media titled "What Is a Caotai Team?" In the clip, Yu and three very different people shared their stories: a 16-year-old middle school student who taught himself documentary filmmaking; a food delivery rider who has been delivering for eight years while writing for 38 years and is now known as a "delivery poet"; and a young man from a small town who builds model airplanes by hand.
Editors' Pick
2026.05.29 19:06
Click for more
< Go back
Search Content 
Content
Title
Keyword
New to old 
New to old
Old to new
Relativity
No Result found
No more
Close
Light Dark