Antityranicals wrote:Kowani wrote:Yeah, that’s definitely effective.
Wait, no. It’s not.
It is exactly as effective as is optimal. It doesn't close down every factory in the world, but that's because most factories are net good things. Civil suits mean that if the harm of an activity outweighs its benefits, that activity will cost more in legal settlements than it gains in profit, and become stupid and unprofitable. And if it doesn't, those harmed are recompensed, the activity grants net benefits to society, and we move on. What's wrong with that?
Lawyers, basically. Lawyers and human psychology. Firstly, we know that people will spend millions on lawyers to avoid taxes or paying out civil suits in real life, much more than they would actually have to pay otherwise. The second problem is the sheer imbalance. If you are a worker, you probably aren’t going to be affording a lawyer-and definitely not a top tier one. If you’re a corporation l? You’ve got the money and resources to be able to stretch out the trial longer than whoever sued you can. Homo economicus is a myth.