that it's absurd that for a say 200k case the litigation could cost 200k+

Cost of settlement is not proportional to work required.

It's still absurd, because justice in this case doesn't come from equating these financial costs, this is an unfair system that privileges those with big pockets.

What’s the alternative? Which system would allow people to sue for $10 if the work required to do that is worth significantly more?

https://news.ycombinator.com/item?id=49878075 a system of fairness, not a system of exploitation