labour value theory
labour value theory is the alternative form of labor theory of value.
Meaning of labor theory of value
Noun
labor theory of value (uncountable)
- The theory, usually associated with Marxian economics, that freely reproducible goods obtain their value from socially necessary human labor time.
- Synonyms:
- LTV
Questions about labour value theory
- What is labour value theory the alternative form of?
- Labour value theory is the alternative form of labor theory of value.
Words near labour value theory in the dictionary
Source and license
Adapted from Wiktionary: labour value theory (page history and authors); labor theory of value (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “labour value theory.” Word.ws, https://word.ws/labour_value_theory. Based on Wiktionary, CC BY-SA 4.0.
