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means of production
plural noun
- (in Marxist theory) the raw materials and means of labour (tools, machines, etc) employed in the production process
Example Sentences
Eisenberg-Guyot coauthored a chapter on capitalism’s mental health impacts in the 2022 Oxford Textbook of Social Psychiatry, defining capitalism as “a socioeconomic system characterized by the private ownership of the means of production and the exploitation and domination of wage labor for profit.”
MG: The United Fruit Company is the classic example of a system that controls all means of production so you can maximize efficiency and profit and get a product around the world.
"We do not agree to this marriage of convenience, to consolidate the white monopoly power over the economy and the means of production in South Africa."
And the most efficient way of developing these technologies and productive forces is the monopoly of the means of production by the bureaucrats and the party.
For banana growers this means not only making their means of production greener, but also paying independent examiners to certify that their fruit are sustainable.
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