Are you sure? Hacking might be all or nothing because the marginal cost of software is zero, but marginal costs in most other industries are a lot higher. Jus

Are you sure? Hacking might be all or nothing because the marginal cost of software is zero, but marginal costs in most other industries are a lot higher. Just compare software to working toilet. Selling another copy of software is essentially free. Selling another working toilet is not really free. In the libertarian world you describe, plumbers would have no trouble making a living off the precise market value of their labor. This is especially true for credence goods of all kinds; wages are very similar for different plumbers and mechanics, because nobody pays high prices for high quality (since it's impossible to recognize), and nobody buys the low-priced option because it's perceived (in the absence of other information) of being of lower quality. Your theory is interesting, but not hard and fast.