What does the capitalist production organization mean?

It refers to the process of changing from traditional agricultural society or collective ownership economy to capitalist economic model. In this process, the means of production (such as land, factories, equipment, etc. ) are gradually transformed into private property, and production decision-making is transformed from government or collective owner to free decision-making of individuals or private enterprises, and it is developing in the direction of market economy. This transformation is accompanied by the establishment of private property rights, the establishment of market economic mechanism, the introduction of market competition, the privatization of enterprise ownership and labor force. Capitalization of production organizations can guide economic development and growth, but it is also easy to cause problems such as widening gap between the rich and the poor and social injustice.