- Prisons are supposed to be a public good. I'm not sure if that's still true if the prison is private.
I say the govt should run prisons so you prob ought to get input from someone who says disagrees.
-Companies
have a duty to their shareholders to make as much profit as they can.
They have no duty to the tax payer. The part of your taxes that is
allocated for prisons is supposed to pay for the welfare and
rehabilitation of prisoners, equipment, salary, and benefits for staff,
and the buildings. If the company's taking a profit, that money isn't
going toward those items, which increases recidivism rates and overall
costs of running the prison.
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One of the main reasons why farmers opposed the gold standard was because food prices were generally rising and reverting to the gold standard would have kept prices constant .
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