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by adventured
3087 days ago
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The profit motive is a common argument about the private prison complex, which is why I used the $200m. I believe it was very justified as the reference point. That $200m goes to the shareholders, owners, in theory. That's the profit motive sum in their business. I don't disagree that also referencing the $1.7b in sales is relevant. It's just as tiny looking when stacked up against the monster that is a million unnecessary government employees costing $80-$100 billion each year, that exist solely due to the war on drugs. I'd like to see someone tabulate up the total cost of all reasonably unnecessary government employees, related to prisons and law enforcement, dating from 1980 to 2010, the prime years of the prison population boom (during which the private prison complex was an averaged single digit fraction of the whole thing). What do we suppose that would come to? $2 trillion inflation adjusted? |
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1. I don't think you have to disagree with vel0city to make your point. Just agree that the private prison complex is large and dangerous to society (as you apparently have) and point out that the unnecessary aspects of the public sector prison complex are also large and dangerous.
2. Any time someone can have a financial stake is something like a prison while also holding immense political power, we should all be very scared and concerned. This is why there's so much well-placed concern over the private prison industry. Of course, it's worth noting that there are also lots of ways to make lots of money off of public prisons. And those mechanisms should also be choked off.
3. Damon Hininger makes about $1M/yr in salary. Presumably if total revenue were only $200M, he'd be making a lot less in salary.