Labor Theory of Value: still relevant or hopelessly out of date?

This fucking meme

Similarly, if you take a bunch of fucks and dig a hole in the middle of nowhere, suddenly said hole becomes valuable.

checkmate pinkos

...

LtV deals heavily with social average cost of reproduction. If the average diamond was found by someone walking outside in their back yard, the value and price would reflect that.

you just went full mudpie, comrade.

never go full mudpie.

I wouldn't advise this. Marx makes a lot of unjustified a-priori claims in chapter 1 about value that seem totally out of the blue and don't make sense until much later.
I'd advise reading I.I.Rubin's essays on it:
marxists.org/archive/rubin/value/

two people actually replied to this
top b8 m8

This. Who the fuck keeps making these low-effort threads?

there's no harm in responding with reading materials so said low-effort poster has the option of learning about what they've asked about

Holla Forums could do well to take a page out of the hacker culture handbook and make people FUCKING GOOGLE IT instead of continuously letting shitposters like this get the spotlight, because bumping these threads isn't doing anyone any favors.