Which market value of labor are you speaking of? This seems to be a common fallacy, because people call it the 'labor market'. However I would claim that there

Which market value of labor are you speaking of? This seems to be a common fallacy, because people call it the 'labor market'. However I would claim that there is no labor market in the classical econ 101 sense. A market needs to be transparent, have low transaction costs, be voluntary and have a sufficient number of buyers and sellers. Otherwise you might still call it a market but it will not have any magical properties that the government shouldn't mess with.