The End of Capitalism

The Instapundit posts a piece from The Anglosphere Challenge

The first indication came when the falling price of computers crossed the point where the average programmer could afford to own a computer capable of producing the code from which he typically earned his living. This meant that, for the first time since the beginning of the Industrial Revolution, the ownership of the most critical tool of production in the most critical industry of the world's leading economy was readily affordable by the individual worker.

By strict Marxist definitions, capitalism ended sometime in the early 1990s. This is a development that has not received adequate attention.

For me, this happened in 1985, when I went into business as a one-man software company working at home. Nearly twenty years later, I'm still at it. But I did not look at my actions as contributing to the end of capitalism. I always thought that I did this because I was the only boss I could work for, and the only one who would have me as an employee.