>(Under capitalism) many costs of having PtLds are externalized. I'd wager that at a societal level we roughly break even +/- a little bit in either direction.

>(Under capitalism) many costs of having PtLds are externalized. I'd wager that at a societal level we roughly break even +/- a little bit in either direction. For every mega-corp abusing their legal status there's a few thousand small and medium businesses that do not have to worry (as much) about being sued into oblivion by some ambulance chaser over something that is not the result of malice. (I'm speaking about various private liability limiting corporate structures in general here.)