The labor of theory value is a incorrect idea. The labor theory of value is that the more labor the higher the cost. This is incorrect because if 2 people with different skills make the same products but the more skilled one makes 2x the amount of products as the unskilled one, the labor theory of value is that the more skilled ones products are less valueble. This also applies to things that people don't want like a poorly made or not useful product, a product with no use to humanity but that took a very long time would be given a value for more then the components that made it and far more then anyone wants it for, so that falsely inspires people to waste resources.