The mechanism of wealth accumulation was proposed for the first time with the convening of the 20th Party Congress. This marked the modernization interpretation of common wealth and shifted the focus towards the distribution system. As a result, the mechanism of wealth accumulation gradually gained attention in the research field. Various perspectives on wealth accumulation emerged at this stage, all of which ultimately tackled the issue of distribution inequality. These perspectives were developed based on the flow of wealth, stock of wealth, and intergenerational wealth, with the goal of achieving common wealth through Chinese-style modernization. By drawing on domestic research in these three areas and the experience of exploring wealth accumulation mechanisms at the village level, the wealth accumulation mechanism is defined and its underlying logic is clarified.

Tang Mingjia. The fundamental logic and framework of mechanisms for accumulating wealth. Academic Journal of Business & Management (2023) Vol. 5, Issue 24: 77-82. https://doi.org/10.25236/AJBM.2023.052411.

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