I Think The Labor Theory Of Value Just Explained Luxury Branding To Me

So the labor theory of value actually just explained to me why a Ralph Lauren t-shirt costs twice as much as a plain one. The labor of branding is accepted as socially necessary labor, so although the cost of producing the material of the t-shirt remains the same, the cost of producing the image associated with the brand of the t-shirt is added into the cost, I think… maybe.

Cause the amount of labor power involved in creating the idea of Ralph Lauren is immense, yeah?