Labor theory of value

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.

At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

The labor theory of value (LTV) posits that the economic value of a good or service is determined by the total amount of socially necessary labor required to produce it.

Excerpt from the Wikipedia article “Labor theory of value”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Goszei, CC0, via Wikimedia Commons.