means of production

Factories, tools, land

The means of production are the physical and non-human inputs used to create goods and services—factories, machinery, raw materials, land.

The term is central to Marxist economics, where who owns the means of production defines class structure: capitalists own them, workers operate them.

The workers seized the means of production.

The phrase appears in discussions of economic systems, labor relations, and political theory.

industrial

factory

Industrial production facility

plant · assembly line · automation · manufacturing · mill · foundry · forge · workshop · conveyor · robotics

ownership

private property

Individually owned assets

shareholder · proprietor · landlord · title · deed · monopoly · cooperative · commons · expropriation · bourgeoisie

theory

Marxism

Class-based revolutionary philosophy

class struggle · dialectics · political economy · alienation · commodity fetishism · Das Kapital

capital

investment

Deploying capital for returns

  • financeProvide money for
  • fundingSupplying monetary resources
  • equityImpartial treatment or ownership value

wealth · assets · capital goods · accumulation · surplus value · profit · dividends · credit · liquidity · securities

labor

workforce

All available workers

wage earners · employees · blue collar · operatives · working class · artisans · craftsmen · apprentices · hands · personnel

infrastructure

utilities

Essential infrastructure services

transportation · railroads · ports · highways · water supply · energy · pipelines · internet · fiber optics · public works

Categories
Opposites
economic function

means of productionfinished goods

Manufactured items ready for sale

consumer goods · end products · commodities · outputs · products

ownership/control dynamics

means of productionlabor power

Ability to labor

labor · workforce · working class · proletariat · human capital

economic activity type

means of productionconsumption

Using up of resources

consumer spending · demand

Family

means, produce, production, producer, produced, productive, producing, meantime, meanness

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