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Excuse my ignorance here but when I think of countries that tried the jail/execute you for 'example' approach I can only think of places the US considers lacking freedom.
Now the US already has one of the highest ratio of imates to population.
So I am wrong but are you trying to emulate Russia, China ... etc.
What country has had success with this eye-for-an-eye approach?
This is an age old question - surely there are examples of whether it works or not and what the true costs are to the society.
I can see where it failed - where has it worked?
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