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by smthg2say624
1467 days ago
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I think it's very unlikely to be profitable. 11B/1M incarcerated (from the article) means a gross product of 11k per person. I would argue that while that might be enough to sustain one prisoner's marginal cost to the system, it doea not look high enough to sustain fixed costs of the prison system. |
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You're right, it's not profitable for the government (although it probably is profitable for some private prisons who also receive money from the government).
"The U.S. spends $81 billion a year on mass incarceration, according to the Bureau of Justice Statistics, and that figure might be an underestimate."[1]
1: https://www.pbs.org/newshour/economy/the-u-s-spends-billions...