system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: What are the "means of production" in Socialist theory applied to a post-industrial economy such as the UK?
gpt
Means of production is just a society's ability to produce (things of) value. Everything from ideas to resources to individual effort is part of the collective "means of production."

I'd say it's about the same; however globalization is  reducing geographical limits on Means of Production.