Looks to be going the way of cities like San Fransisco where any person who shoplifts items of a value of less than $1500 the policy of store staff, security, and the police, is not to intervene and not to prosecute.
Not surprisingly the result has been a disaster. A free for all. Most of the stores in the downtown area are are now closed and boarded up.
Who comes up with these crazy ideas and who allows them to come to pass?
San Fransisco is a beatiful historic city in an amazing setting, but the social problems and inequality they have there are going to be one hell of a problem to sort out. It could be argued in many ways that London is going the same way, although the issues haven't become as extreme yet.