> I wonder whether the net result is a society in which a high standing resulting from material and social wealth leads to perks that in turn lead to more material and social wealth.

Why do you have to wonder and why do you need to look to China to learn this? This is how America worked and works, way before China got to it.

I know it's hard to introspect and all, but I'm glad having a China that looks more like America (than before) is making Americans finally see our own country more clearly.