He didn't lose his entire business for being wrong. He lost his entire business for being wrong, doubling down on being wrong in light of contradictory evidence, tripling down on the doubling down, being sued, ignoring the lawsuit, having a default judgment rendered against him, getting to a trial-based penalties phase, and performing so badly on the stand (along with a major error on the part of his lawyer, but one the law accounts for and has a process to ameliorate, which the lawyer did not follow) that a jury of his peers awarded a $1.5 billion dollar finding against him.
If anything, the takeaway from this story is that the United States Court System is still a system of law and when they demand your attention, you ignore that demand at your peril.
> Do you think CNN should be sued out of existence?
Perhaps it should give us pause that nobody they are ostensibly calling Nazis can make a defamation case stick against them. And to corroborate your point: perhaps whether or not they lie, the public opinion already holds them accountable so no legal action is needed. But to properly answer the hypothetical: they retain a legal department in preparation for such lawsuits. Perhaps Jones should have done that, since he had quite a bit of spare money to spend on engaging with the law of the land he lives in. Instead, he chose to flout the authority of that legal system, to his loss.
If anything, the takeaway from this story is that the United States Court System is still a system of law and when they demand your attention, you ignore that demand at your peril.
> Do you think CNN should be sued out of existence?
Perhaps it should give us pause that nobody they are ostensibly calling Nazis can make a defamation case stick against them. And to corroborate your point: perhaps whether or not they lie, the public opinion already holds them accountable so no legal action is needed. But to properly answer the hypothetical: they retain a legal department in preparation for such lawsuits. Perhaps Jones should have done that, since he had quite a bit of spare money to spend on engaging with the law of the land he lives in. Instead, he chose to flout the authority of that legal system, to his loss.