Discussion on Chinese Communist Party and the Market Society

The Chinese Communist Party is seen as a technocratic organization executing governance intelligently and thoughtfully. It is a hybrid of civil service and political organization, with decision-making being political and executive power being the primary power. In contrast to the West, where the interests of capital dictate political decisions, in China, political decisions dictate capital. China is described as a market society, but not a capitalist society in the same way as the West, as it embraces markets, firms, and the price system while having political decisions driving capital.