The risk of corruption of police is always there. But that's something you have to accept, since it comes with the enforcement of law itself.
Having induvidual law enforcement would mean that the first time you get a large gang, it would take a long time before you'll get a proper response. Then you'll get the really large gangs (think riotsized, but controlled), that would require military to suppress, or they take power. PI:s would be the only ones with time to do better investigations. Plenty of wrongful convictions, etc, etc.
Having private forces? Their first mission would be to protect their employers (aka the rich) against everyone else. The treatment of everyone else is only relevant if it's so bad that everyone else makes an uprising. They would also need a control organ, that needs to be independantly funded, or you're having corruption more or less built in from the start.
And yes, attacks on civic infrastructure should be (slightly) harsher in punishment. That also means that the same induviduals getting assulted in private should be treated as the average citizen (not fully possible of course, but as an ideal).
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