labor theory of value

English

Alternative forms

• labour theory of value
• labor value theory
• labor-value theory
• labour value theory
• labour-value theory

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: (abbreviation) LTV

Translations

labor theory of value

• German: Arbeitswerttheorie f, Arbeitswertlehre f
• Russian: ТТС f (TTS)
• Spanish: teoría del valor-trabajo
• Turkish: emek değer teorisi
• Vietnamese: học thuyết giá trị lao động