Handbook on Class and Social Stratification in China
Show Less

Handbook on Class and Social Stratification in China

Edited by Yingjie Guo

This comprehensive, interdisciplinary Handbook illustrates the patterns of class transformation in China since 1949, situating them in their historical context. Presenting detailed case studies of social stratification and class formation in a wide range of settings, the expert contributors provide valuable insights into multiple aspects of China’s economy, polity and society. The Handbook on Class and Social Stratification in China explores largely neglected contemporary topics such as women’s social mobility in relation to marriage and the high school entrance exam as a class sorter, placing it at the forefront of progressive literature.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 12: China’s emerging ruling class: power, wealth, and status under market socialism

David S. G. Goodman


For over 30 years the People’s Republic of China (PRC) has been reforming its state socialist political economy. The introduction of market forces, the phasing out of state socialist planning procedures, and the emergence of new entrepreneurial classes have led many commentators to emphasize the extent to which China has embraced capitalism or capitalist economic practices (Chen, A. 2002; McNally 2008). According to the US polemicist Stefan Halper, ‘capitalism is now a global phenomenon – with China among its greatest champions’ (Halper 2010: 1). Others have in more sophisticated ways taken the PRC to task for its neo-liberal tendencies (Harvey 2007) or its variety of state capitalism (Huang, Y. 2008; Chan and Unger 2009). Still others have seen the emergence of an endogenous capitalism in East China, outside and in some sense in opposition to the Party-state (Nee and Opper 2012). Arguments about the politics and procedures of market transition are complex (Goodman 2014a: 125–30), but it is nonetheless clear that the ruling class of 2015 in the PRC is not the ruling class of 1978. Wealth and wealth generation certainly now matter, and probably more than membership of the working class. Thirty-one dollar billionaires (of a national total of 212) were delegates to the National People’s Congress in March 2013, and 52 were delegates to the Chinese People’s Political Consultative Conference (Anderlini 2013; Wang 2013).

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.