noun
means of production
Economic term referring to the physical, non-human inputs used in production, such as factories, machinery, and tools. Often used in Marxist economics.
マルクス経済学では、生産手段の私有が資本主義の特徴とされる。
In Marxian economics, private ownership of the means of production is considered a characteristic of capitalism.
生産財 (producer goods) refers to goods used to produce other goods, while 生産手段 (means of production) is a broader Marxist concept that includes not only physical goods but also the social relations of production.
Compound of 生産 (production) and 手段 (means, method). A direct translation of the Western economic term 'means of production', likely coined during the Meiji era.