this post was submitted on 23 Jun 2023
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GenZedong
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Here's one of the holes.
Being a member of the CPC doesn't grant you political power any more than being a registered Democrat or Republican does. You get a vote in party matters just like Pubs and Dems get a vote in closed caucuses or primaries, and that's the extent of 'power' you get it at basic membership.
Being a wealthy party member gets you less advantage in the CPC because of the strict regulations on how money can be used in politics, i.e. you can't influence through donation. You also get excluded from considerstion for promotion. You get the same voice as every other member, and put on committees that match your area of expertise, but you're not on the promotion track toward the Central Committee if you're a billionaire.
Jack Ma built up Ant Group in the private sector and got rich but not promoted, Jiang Zemin built up First Auto Works in the state-owned sector and got promoted but not rich. They are not the same.
I'm also curious as to where this is defined.