Welcome to "The Left Library," where we simplify political philosophy, political economy, and political science. In our "Defining Marxism" series, we break down fundamental Marxist concepts to help you understand the core ideas that shape Marxist theory. In this video, we explore the concept of the means of production, a fundamental aspect of Marxist theory. Learn about the physical and non-physical assets used to produce goods and services and how the ownership of these means defines class structure and drives economic exploitation. Discover why the means of production are central to understanding capitalism and class relations. #MeansOfProduction #MarxistTheory #Capitalism #ClassStructure #EconomicExploitation #KarlMarx #PoliticalEconomy #socialism #communism #leftist #neoliberalism Whether you're new to Marxism or looking to deepen your knowledge, these videos provide clear and concise explanations of key terms and concepts essential for understanding the dynamics of capitalism and the struggle for social change. Join us in the 'Defining Marxism' playlist as we explore the foundational terms behind Marxist theory, including surplus value, class struggle, alienation, historical materialism, the base and superstructure, and more. Each video is designed to be accessible, informative, and engaging, making complex ideas easy to grasp.