Of course it can be said of jails, too, that they try - by punishing the troublesome - to deter others. No doubt, in certain instances this deterrence actually works. But generally speaking it fails conspicuously.
If you've done what you need to do, you need to go bury yourself, because what else are you going to do? I think that that's where life stops.
There is something fundamentally unfair about a government that takes away so much of people's money, power, and personal control while telling them that life will be better as a result.