I find it surprising how lots of people who live in democratic, free societies, still have this urge for authoritarian solutions to every problem.
The history of the judicial system has shown that even incredibly smart people will sign contracts that are clearly to their detriment. Does that mean the appropriate solution is to only allow contracts that have been vetted by MicroLaw incorporated?
Overall, history is full of smart people doing dumb shit. The only way to completely prevent that is draconian authoritarianism. I would think humanity should have understood by now that that doesn't end well.