Ask questions, meet dancers, and be part of the conversation.
Sorry, I thought that was the argument (where "over-regulation" applies to regulation of a capitalist market) - I may have got confused of courseIt's not about "over regulation" if it were regulated it wouldn't spiral out of hand. What has "over regulation" got to do with anything?
I agree.It's about rich people using their wealth to punish poorer people. He knows these Koreans can never pay those damages, he is trying to put them out of business via legal costs.
Mmmm.... dunno if that's true. Most of the exploitation in this world happens in non-democratic countries (China etc.). I don't think a minimum wage / hour limit has a lot to do with it at the sharp end, although it has some effect as a safety net in some countries.The point was about the costs, that it is hard to make a profit and some idiot suing you for stupid money is going to push you over the edge. The regulations are neccessary I don't think people in manual jobs should be treated like animals. That is what happens when you have no limits on your hours and no minimum on your wage.
Pure socialism's been tried quite comprehensively over the 20th century - and to me, it's been proven a comprehensive failure.In a socialist society we would be looking out for each other instead of our selves. What a pity we are all too selfish to allow it.
I don't know. I think the problem is the danger of a truly enormous payout: if a birth goes wrong and you're judged to be at fault, even in the UK you could end up paying millions in damages. And then there aren't that many independent midwives, so you don't get that same "spreading of risk" that you might get in other areas.Blimey, that's a lot of cash - but presumably there's a reason for that, from a point of view of insurance rates? I mean, obviously midwives need such insurance, so presumably it's expensive for a (market-related) reason?
It looks like the guy's lost his lawsuit:
http://news.bbc.co.uk/1/hi/world/americas/6238364.stm
However, it makes me wonder, would he have won if he'd been a little smarter? If, say, he'd asked for $54,000 instead of $54 million? Would there have been so much interest? And how many other similarly-fraudulent-but-smarter lawsuits are out there?