H.اککا The Chinese Communist Party (CCP), 100 this year, became capitalist? Since Deng Xiaoping’s introduction of economic liberalization reforms 40 years ago, more than 800 million people have been lifted out of poverty and the one-party state now leads the world’s second-largest economy. The introduction of a market economy and the rapid growth of global GDP have led to a sharp rise in inequality: Guinea Gatanke, which measures the extent of inequality, increased by 15 points between 1990 and 2015 (latest Available data).
These changes have facilitated growth in the private sector, but the state has direct control over large parts of the economy – about 30% of the public sector – to make China a textbook of state capitalism. Moreover, the CCP has largely been able to compete with the elites created by this liberalized economy. But if communist ideology no longer reports party recruitment, its Leninist organizational structure is central to the relationship between the state and the capital.
Maoist methods are being recycled, they are no longer focusing on the ideological purity of party officials and members, but on their loyalty to the organization and its leader.
The CCP, which continues to grow and now has 95 million members (about 6.5% of the population), has gradually transformed itself into a ‘white collar’ organization. In the early 2000s, then-President Jiang Zemin lifted the ban on hiring businessmen from the private sector, previously seen as a class enemy, so that the CCP would now be limited to the ‘revolutionary’ classes. Will not represent – workers, peasants and the army – but the country’s ‘advanced productive forces’.
Elected businessmen and women become members of the political elite, ensuring that their businesses are at least partially secure.[…]
Full article: 1,565. the words
(1.) Sonali Jane.Inequality in China – Trends, Drivers and Policy Remedies, IMF Working Papers, No. 2018/127, International Monetary Fund, Washington DC, June 2018.
(2.) “Opinions on strengthening the work of a united front within the new era of private economy,” Chinese Communist Party Politburo, Beijing, September 15, 2020 (in Mandarin).
(4.) Bruce J. Dixon, ‘Who Wants to Be a Communist? Career incentives and dynamic loyalty in China ‘ China quarter, Volume 217, Cambridge University Press, March 2014.
(6.) ‘Opinions on strengthening the work of the United Front …’, op cit.