What Is The Rule of Law?
We often hear how, in order for society to function, we must uphold the "Rule of Law." But what does this mean? In one of its most simple constructions, it means that we are to be ruled by laws, not the whims of humans. Traditionally, the rule of law has the following precepts:The government, its agents and private entities such as banking institutions and corporations are accountable to legal authority. The laws of the land are accessible, reasonably understood, stable and just; they are applied evenly so as to protect the safety of the citizens and allow for the freedom to...
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