obviously you have never been the victim of libel which can be devastating. My friend lost his entire business over one disgruntled customer who was more than two months overdue on payment for work completed, so he handed the bill over to debt collectors, the person then started a campaign to discredit his business, within a few months the decline in business was enough to send him bankrupt, he lost his business and his house. Sadly for him even libel laws were not enough to save him as while he was easily able to prove the guy was telling lies in court, the guy had no money so he never got a cent of the court victory. without libel laws the damage done to people and businesses would explode, as it is if you are a person with not much to lose you can get away with doing a lot of damage for very little consequences.