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by inigyou 1 day ago
Some Nvidia employees are making graphics cards, that cost $1000, and use $300 of materials, and being paid $200. $500 is being extracted from the value chain at that point and some of that is going to you because you own Nvidia stock.
1 comments

Ah, the labor theory of value. That makes sense.

It’s totally incoherent and unreliable as an explanation for an economy, but it explains the comments in this thread.

Did you reply to the wrong comment by mistake?
What would that $500 not being “extracted from the value chain” look like?
It would either be passed along the chain or it would not enter the chain.
Seriously, what does “passed along the chain” look like in your example?
Given to the people who create the value.