> As I said, we can dislike it, but as a society we have basically decided that anything short of reasonably straightforward violent crime/extreme violent crime and high value property crime and easy to prosecute drug crime is not worth the effort.

No, I would say that a few counties have decided this, but the majority of counties have not. In most places, you do get arrested for property crimes, you still serve prison time for this, police still do things like use bait cars and exert resources to catch those who steal, and the idea that property crime should not result in jail time is not widely accepted by the majority of the population.

counties -> countries ?

I am talking about counties in the U.S. There are a handful of extremist district attorneys that follow the view that non-violent crime should not result in prosecution or prison. To my knowledege, there are no countries anywhere that have adopted this view, and only a few local district attorneys are advocating for it. There are differences in the severity of non-violent crime needed to get prison sentences, but that was always the case.