labor theory of value: difference between revisions

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# {{lb|en|economics}} The theory that freely reproducible goods get their value from human labor time.
# {{lb|en|economics}} The theory that freely reproducible goods get their value from socially necessary human labor time.

Revision as of 11:10, 9 January 2018

English

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Alternative forms

Noun

labor theory of value (uncountable)

  1. (economics) The theory that freely reproducible goods get their value from socially necessary human labor time.