Btw Monbiot's take is quite interesting.
http://www.guardian.co.uk/commentisfree ... itan-jails Quote:
The corrupt judges were paid by the private prisons not only to increase the number of child convicts but also to shut down a competing prison run by the public sector. Taking bribes to bang up kids might be novel; shutting public facilities to help private companies happens - on both sides of the water - all the time.
The Wall Street Journal has shown how, as a result of lobbying by the operators, private jails in Mississippi and California are being paid for non- existent prisoners. The prison corporations have been guaranteed a certain number of inmates. If the courts fail to produce enough convicts, they get their money anyway. This outrages taxpayers in both states, which have cut essential public services to raise these funds. But there is a simple means of resolving this problem: you replace ghost inmates with real ones. As the Journal, seldom associated with raging anti-capitalism, observes: "Prison expansion [has] spawned a new set of vested interests with stakes in keeping prisons full and in building more ... The result has been a financial and political bazaar, with convicts in stripes as the prize."
As usual filthy lucre is to blame for the worlds ills...
if prisons are to be privately-run then you can't expect them to do so at a loss. as the article pointed out this creates an incentive for harsher punishments (time in prison), i guess this just shows that certain services should be kept public.