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Meaning of labor theory of value | Babel Free

Noun CEFR C2

Definitions

The theory, usually associated with Marxian economics, that freely reproducible goods obtain their value from socially necessary human labor time.

uncountable

Equivalents

Deutsch Arbeitswertlehre Arbeitswerttheorie
Español teoría del valor-trabajo
Suomi työnarvoteoria
Русский ТТС

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See also

labor union Labor Zionism labor-intensive labor-intensiveness labor-saver laborant

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