Abu_Adnan
You have nothing to lose but your chains
Question to those who don't believe the labor theory of value and instead subscribe to the subjective theory of value. Lets say in a market there is small supply of laptops and a lot of demand for it, the price would increase, right? But what if the supply of laptops is still low, but the demand is also low? Would the laptop lose its value? Do laptops become free in this market? No, of course not. But if there is still a price tag on laptops in such a market, even if such a price is low, where did the remaining value come from? It comes from labor obviously, someone extracted the materials, someone else made them into parts and another person put them together, and that's very simplified as it doesn't include transportation and whatnot. Again, I ask, if not from labor then where does the value come from?