Bohannan dates the beginning of factory industrialism to the time of the invention of the steam engine, circa 1760. To him, the steam engine set the stage for modern mass production. My position is that the capitalism of antiquity started the dislocation of the kinship unit long before factory industrialization became a reality.
Capitalism is a economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, as contrasted to cooperatively or state-owned means of wealth.