[twoodfin]

What would that $500 not being “extracted from the value chain” look like?

[inigyou]

It would either be passed along the chain or it would not enter the chain.

[twoodfin]

Seriously, what does “passed along the chain” look like in your example?

[inigyou]

Given to the people who create the value.

[twoodfin]

How is that distinct from the labor theory of value? In your model, who’s creating the value other than the labor?