This is an unproblem.
>>>Gee, libel is still libel in a screen just as it was with paper... And that pesky legal process still requires a court proceeding and there is still discovery and subpoenas to deal with.... This is an unproblem.<<<<
This is true. If anyone ever libeled me by name online, I’d do the same thing.
Seeking redress for damages to reputation throughout the published word is not a totalitarian scheme to deprive you of First Amendment rights. Libel is a long-established civil action.
The solution is easy. Don’t use the Internet to lie about other people or smear them in the community. All of the established precedents about public figures and political comment remain in place. Ultimately, if what you’re writing is the truth, that’s all the defense you need.
Junior Achievement, by the way, is a pro-business group working with students helping them learn about setting up your own business and running it on your own. All the JA people I’ve ever worked with have been really good folks, and it’s about as opposite from the left as you can get.
In fact, I’ve expected libel suits to start emerging from the Internet sometime soon. An online pseudonym is not protection against writing libel, and it wasn’t in the print era, either. You reap what you sow.