this post was submitted on 08 Feb 2025
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The meme said, "the means of production." It did not say, "every, single means of production."
The OP could have meant anything from workers electing their CEOs in 51% of the steel mills, smelteries, oil rigs, cinemas, restaurants, etc. all the way up to 100% like you decided to assume.
But honestly, it makes very little sense to read 100% into this, especially with your wording of "good or service-providing entity".
A hell of a lot of "good or service-providing entities" are sole proprietorships, which are in a blurry gray area between private ownership and cooperative ownership. On the one hand, many capitalists started out as sole proprietors. On the other hand, by owning one's own means of production, a sole proprietor is both worker and owner, fitting perfectly in the definition of socialism. In fact, I would argue that the sole proprietor doesn't really become a socialist or a capitalist until another worker joins the business and it becomes a cooperative or a private company. Until then, the distinction is meaningless.