As we’ve seen over the years, property rights, even more than tax rates, are more important to the development of markets and growing economies. Simply, if a nation-state wants investment—of both capital and effort—people who make those investments must have a reasonable belief that a return on that investment is possible in a successful venture. A state with shaky property rights—whether expropriated by the state, such as Venezuela, or seized and distributed to the kleptocratic oligarchy, like Russia—is much less likely to draw foreign capital because property can be seized at the whim of the elites. Places where investments are protected by the rule of law, on the other hand, attract capital because investments are protected from state-sanctioned theft.Read the whole thing here.
Civil rights are really no different.
If civil rights protections are widely denied, particularly to one group of people, because they are routinely ignored and capriciously violated by police officers, those rights lose all tangible meaning to that population. Mistreatment by authorities—whether official policies like Stop and Frisk, or tolerance of police brutality, corruption, or homicide—corrodes the integrity of a community. The government loses credibility by effectively nullifying its own authority by arbitrary enforcement of laws (government powers) and the protections for citizens (civil rights).
bellum medicamenti delenda est