I suppose this at least implicitly acknowledges that The Great Confiscation didn’t quite earn “widespread support” from “[a]n absolute majority of workers from laborers, farmers and office workers” after all:
North Korea has executed a ruling party official blamed for a botched currency reform, in a desperate attempt to quell public unrest and stem negative impact on Pyongyang’s power succession, a news report said on Thursday.
The execution by firing squad in Pyongyang last week of Pak Nam-ki, Labour Party chief for planned economy, was for the crime of “a son of a bourgeois conspiring to infiltrate the ranks of revolutionaries to destroy the national economy,” South Korea’s Yonhap news agency said, quoting sources.
But both North Korean officials and even many in the communist country’s public do not believe the explanation that Pak was a conspiring anti-revolutionary, Yonhap quoted sources knowledgeable about the issue as saying.
“The mood is the leadership has made Pak Nam-ki a scapegoat,” one source was quoted as saying. [Reuters, via NYT]
The significance of this report is magnified immensely by widespread rumors that the regime had set Kim Jong Eun up as the architect of this fiasco. Whether that’s true or not, don’t expect KCNA to report that now.