What is Labor Theory of Value
The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of “socially necessary labor” required to produce it.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Labor theory of value
Chapter 2: Capital (economics)
Chapter 3: Transformation problem
Chapter 4: Classical economics
Chapter 5: Organic composition of capital
Chapter 6: Use value
Chapter 7: Theory of value (economics)
Chapter 8: Law of value
Chapter 9: Prices of production
Chapter 10: Productive and unproductive labour
Chapter 11: Unequal exchange
Chapter 12: Tendency of the rate of profit to fall
Chapter 13: Criticism of Marxism
Chapter 14: Temporal single-system interpretation
Chapter 15: Commodity (Marxism)
Chapter 16: Criticisms of the labour theory of value
Chapter 17: Constant capital
Chapter 18: Capitalist mode of production (Marxist theory)
Chapter 19: Surplus value
Chapter 20: Marxian economics
Chapter 21: Capital accumulation
(II) Answering the public top questions about labor theory of value.
(III) Real world examples for the usage of labor theory of value in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of labor theory of value.