Wealth into Power: The Communist Party’s Embrace of China’s Private Sector

In Wealth into Power, Bruce Dickson challenges the notion that economic development is leading to political change in China, or that China’s private entrepreneurs are helping to promote democratization. Instead, they have become partners with the ruling Chinese Communist Party to promote economic growth while maintaining the political status quo. Dickson’s research illuminates the Communist Party’s strategy for incorporating China’s capitalists into the political system and how the shared interests, personal ties, and common views of the party and the private sector are creating a form of ‘crony communism’. Rather than being potential agents of change, China’s entrepreneurs may prove to be a key source of support for the party’s agenda. Based on years of research and original survey data, this book will be of interest to all those interested in China’s political future and in the relationship between economic wealth and political power.