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Can anyone explain the labor theory of value?
(hexbear.net)
I read Capital, and the whole thing just went over my head. I really couldn't understand what he was getting at. Could any comrades help explain the LTV? Thanks! 
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this post was submitted on 18 Jan 2024
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That sounds more like an explanation of 'surplus value' than of the question above.
Yeah, this is like condensed capital v.1-3, but comrade said they've struggled to internalize it. Labor theory of value by itself doesn't have explanatory power, just saying stuff embeds labor, its value and price are vaguely connected into this embedded labor. But also here are 1000 pages how this gets distorted by equalization of profit rates across spheres of production, means of production, competition, finance capital and other factors.