Again...you are basically saying that people are too stupid to be free to choose. Well...I'm not sure how far away from you I am on the relative intellect out there..but just because we feel we're smarter shouldn't give us the power nor authority to restrict their ability to get whatever the hell they want...even if >we< don't think they need it.
The American Way might not be pretty all the way around...but if you want to take it for its good points you also have to take it for its bad.
To the point of corps owing an injured public...I'd say take a look at class action and strict liability law. If you've been injured or harmed...money will make its way to you. We do need to limit attorney take from these proceedings though...but again...that would be a rant for another time.