Originally Posted by DarkScribe
A profit? Which America is that one, clearly not the one here on planet Earth.
To run at a profit, the prisoners would have to earn more than it costs to keep them. That does not happen. Private prisons are still paid for out of taxes.
They certainly provide healthy profits for the companies running them, in part exactly because inmates are forced to work, while being paid essentially nothing (some 25c/hr I believe). Slave labour, essentially. Collectively, private prisons are the largest electronics manufacturers in the US and amongst other things supply the US military with advanced electronics for Patriot missiles and other missile systems.