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# {{lb|en|economics}} The theory that freely reproducible goods get their value from socially necessary human labor time.
# {{lb|en|economics|political science}} The theory, usually associated with [[Marxian]] economics, that freely reproducible goods get their value from socially necessary human labor time.
#: {{syn|en|LTV}}


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Revision as of 06:59, 11 March 2022

English

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Alternative forms

Noun

labor theory of value (uncountable)

  1. (economics, political science) The theory, usually associated with Marxian economics, that freely reproducible goods get their value from socially necessary human labor time.
    Synonym: LTV

Translations