ABSTRACT
The diffusion of market relations is remaking not only the economy but to a considerable extent also the polity and the society. The comprehensive changes in China rendered by the marketization of the economy and by market penetration into social and political relations have transformed the institutional environment in which Party organizations exist and operate, calling into question the viability of its classic formation. Marketization has caused changes in the relative price that inevitably leads to a power shift and to new departures in institutional development, providing the catalyst to a quiet transformation of the CCP. The implications of this transformation are perhaps no less far reaching than the Dengist economic reforms in Chinese politics. The empirical research in Chapters 3 through 6 conducted under the theoretical framework outlined in Chapter 2 can be summarized in the following nine political impacts of the market.
