No, because "value" had a pre-existing non-normative meaning in classical economics distinct from price. (Since this use of the word was already linked to value from the first, the phrase "labor theory of value" is redundant and as far as I know did not appear until marginalism dispensed with value.) A decent overview of the intellectual history if you are hopelessly nerdy enough to care is Ajit Sinha's Theories of Value from Adam Smith to Piero Sraffa.
It is of course reasonable to argue that the categories of classical economics were fundamentally confused and inferior to those of marginalism (or for that matter some other system,) but to do so on the basis that "value" referred to something normative is to be fundamentally confused yourself about what classical economists were saying, like assuming that a "final cause" for Aristotle must be the most recent cause to act on something.
From Being a Realist (even if you believe in God):
My mother, who doesn't call herself a theist (I think she's agnostic), doesn't even accept realism. She doesn't even agree with this:
That's little more than tautologies here. Yet it elicited an impression of being forced to believe. I know because she told me about the totalitarian dangers from such narrow thinking.
I'm happy to have finally found the root cause of our ongoing disagreement, but now, how can I deal with that? It looks pretty hopeless, but just in case, does someone have a suggestion, or should I just leave it at that? (My ego doesn't like it, but giving up is an option.)
Now I'm relieved to know that in near mode, she's a complete realist. This craziness only shows up in far mode.