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by anonunivgrad
2136 days ago
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>nothing positive happens to the economy I’m not sure that’s true, but perhaps I misunderstand. The lawsuit is the enforcement mechanism of private law. You can go make contracts and have pretty good certainty that they will be respected because the threat of the lawsuit looms in the background. You can confidently ride an elevator or walk under a crane or take pills from the pharmacy because the implicit threat of a lawsuit, should you be injured, looms in the minds of the people operating those services. Every successful lawsuit makes that threat all the more legitimate. |
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Yes, that does make sense -- threat of lawsuit should in theory equal higher quality goods and services.
But, I'm sort of 50/50 on it without a little bit of additional proof... It sounds like it makes sense prima facie, but does it really apply to all fields of economic endeavor?
The counter argument (and I don't really want to make it, because your argument is a good one!), if I were to make it, would go something like this:
If you have a system of production, that is a series of people, workmen, following a series of localized rules (that is the rules and the workflows of the company), then after those are established (and they could very well be initially established by a lawsuit or threat of lawsuit), but after those local rules and workflows are established, then the lawsuit or threat of lawsuit - really doesn't apply anymore.
Most methods of production in this day and age are systems, that is, they employ both humans and machines and a series of rules to produce some good or service of economic value.
Once the rules of the system are established -- the system usually works from that point on -- much like a computer program.
But, this being said, I do like your argument, and I do find merit in it!
I feel it would be highly worthy to consider your argument in debates of this nature in the future! There is something to be said for what you're saying! There's something there that needs to be explored (with evidence and economic data) further!