4 ms·
> Can't help but dream that private prisons could do like this Why would it matter? Are you operating under the assumption that they would then pass those sav
by cptskippy 8y ago
> Can't help but dream that private prisons could do like this
Why would it matter? Are you operating under the assumption that they would then pass those savings along to the government? That's not really how privatization works.
Private prisons don't care about saving the government money, they care about maximizing profit. They say they can save the government money by offering to perform an existing service at a lower cost, but not dramatically lower. They negotiate minimum prison populations, thus ensuring a baseline income. They then proceed to do the absolute minimum possible to fulfill the contract while cutting costs in every way imaginable. There's no long term consideration given to sustainability of their practices or benefit to the prison population. Everything they do is to maximize the margins until the contract runs out and they can renegotiate for higher rates.
- dragonwriter 8y ago> Why would it matter? Are you operating under the assumption that they would then pass those savings along to the government? That's not really how privatization works. Well, it would be if you imagine a perfectly competitive market for prisoner placement. That's not even approximately the current private prison situation, though.
- cptskippy 8y ago> Well, it would be if you imagine a perfectly competitive market for prisoner placement. That's a nearly impossible situation, the start up costs alone would be enough to dissuade most from entering the market. Most private prisons don't operate in their own facilities but instead manage or lease existing facilitates from the government.