Wrong. The dollar is for your time and labor. No "capital" involved.
And for your knowledge.
This is the enormous oversight in the Labor Theory of Value. Knowledge is actually more significant than labor. Without the requisite knowledge, labor and capital produces nothing useful. With it, the labor and capital generate something people want. With more of it, less labor and less capital produce more output, or better output.
It's understandable that Marx didn't notice the value of knowledge. He was mostly thinking about agricultural production, implemented with practices that hadn't changed significantly in generations, maybe centuries. The knowledge was already so well-dispersed among the relevant population that it was easy to just assume it as background knowledge, like knowing how to walk and talk. And it changed so slowly it was easy to miss that increases in knowledge enabled increases in production.
But ignoring the contribution of knowledge leads to failing to recognize the power of innovation. That leads to all sorts of foolishness, including a failure to recognize the power of competition and other forces that motivate innovation. The history of countries who tried to follow Marx's ideas are replete with examples of incredibly-foolish decisions by central planners who failed to understand the value of knowledge, both direct and embodied.
Another sort of knowledge people tend to ignore is managerial knowledge, at all levels of the chain and most especially in the allocation of capital (the labor involved in capital allocation is also often ignored). All those irritating financiers who seem like pure parasites are in fact doing critically-important knowledge work (and it is work) by making capital available to the enterprises who can make effective use of it, and withdrawing it from less effective enterprises.
Perhaps the biggest form of knowledge that is ignored is the knowledge encapsulated in prices, which is collectively generated and refined by countless people in every supply chain. Encoded in prices is deep knowledge of every stage of the supply chain and the value that it represents for one usage as compared to another. This is the single biggest source of foolish behavior by central planners. There is simply no way for them to discover the deep, detailed knowledge encoded into prices, and as a result they make terrible choices about how to allocate capital, labor and human knowledge. Markets also don't do it perfectly (we're human), but they do it far, far better. This is the single most important reason why capitalist economies massively outperform centrally-planned ones, though the other reasons also contribute.