OpEd: Software Is Not Just Eating the World -- But Capitalism, Too - The New Stack

Capitalism is predicated on the production of goods and services. The difference between the cost of producing these goods and services and the revenue they generate is called profit, which is delivered back to shareholders. In order to increase profit, owners of capital try to innovate so that the same amount of goods and services can be created with fewer and fewer workers. However, if there are fewer and fewer workers, there is less cash in the economy for the purchase of goods and services. This is what Marx called an inherent contradiction of capitalism -- a contradiction that would one day lead to its replacement by socialism.