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I mean, lawsuits are still one of the best ways for regular people to hold powerful entities accountable, so I’m super leery of anything that purports to stop “frivolous” lawsuits. I think the real underlying problem here is we’re expecting a for profit company to do the right thing in a market environment where doing the right thing isn’t the most profitable course of action. What we need to do is change the market environment or find someone that’s not a for profit corporation to do the right thing (both admittedly easier said than done).
I mean, lawsuits are still one of the best ways for regular people to hold powerful entities accountable, so I’m super leery of anything that purports to stop “frivolous” lawsuits. I think the real underlying problem here is we’re expecting a for profit company to do the right thing in a market environment where doing the right thing isn’t the most profitable course of action. What we need to do is change the market environment or find someone that’s not a for profit corporation to do the right thing (both admittedly easier said than done).
“Regular people”
https://bankingjournal.aba.com/2024/08/survey-one-in-four-americans-have-less-than-1000-in-savings/