I think so. He meant the capitalists, who are his customers, want to own their means of production. Not rent it from their competitors or suppliers.

First time I've seen that phrase used that way but it works.

Worked for a company that was using GCP for the entire infrastructure just bc no wanted their product to be touching even with 10’ pole with Amazon.

Capitalists want to own the means of production, and currently mostly do. So he does.