DOJ to Shut Down Privately run Jails

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DOJ to Shut Down Privately run Jails

Post  Dr. Evil on Fri Aug 19, 2016 8:40 am

Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html
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Re: DOJ to Shut Down Privately run Jails

Post  Darth Cheney on Fri Aug 19, 2016 8:50 am

Dr. Jones wrote:Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html

The privately run facilities don't offer and pay for gender transition surgery, promote homosexual prison relationships, or promote pedophilia. All of the things the democrat party represents.
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Re: DOJ to Shut Down Privately run Jails

Post  Gomezz Adddams on Fri Aug 19, 2016 9:45 am

Dr. Jones wrote:Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html

Except it isn't capitalism, at least not laissez faire capitalism. Because of the small number of companies that the government does business with it is considered an oligopoly. The collusion between the government and the sellers serves to reduce competition and inevitably leads to a Nash Equilibrium and higher prices from the dearth of competition.
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Re: DOJ to Shut Down Privately run Jails

Post  Dr. Evil on Fri Aug 19, 2016 9:52 am

Gomezz Adddams wrote:
Dr. Jones wrote:Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html

Except it isn't capitalism, at least not laissez faire capitalism. Because of the small number of companies that the government does business with it is considered an oligopoly. The collusion between the government and the sellers serves to reduce competition and inevitably leads to a Nash Equilibrium and higher prices from the dearth of competition.

Crony capitalism is still capitalism, and when it's for profit services suffer.
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Re: DOJ to Shut Down Privately run Jails

Post  Gomezz Adddams on Fri Aug 19, 2016 9:56 am

Dr. Jones wrote:
Gomezz Adddams wrote:
Dr. Jones wrote:Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html

Except it isn't capitalism, at least not laissez faire capitalism. Because of the small number of companies that the government does business with it is considered an oligopoly. The collusion between the government and the sellers serves to reduce competition and inevitably leads to a Nash Equilibrium and higher prices from the dearth of competition.

Crony capitalism is still capitalism.

And a horse and a human are both mammals. You don't understand differentiating do you?
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Re: DOJ to Shut Down Privately run Jails

Post  Darth Cheney on Fri Aug 19, 2016 8:47 pm

Gomezz Adddams wrote:
Dr. Jones wrote:
Gomezz Adddams wrote:
Dr. Jones wrote:Apparently the grass isn't greener in capitalist pastures...

Justice Dept. to end use of private prisons
http://money.cnn.com/2016/08/18/news/doj-to-end-use-of-private-prisons/index.html

Except it isn't capitalism, at least not laissez faire capitalism. Because of the small number of companies that the government does business with it is considered an oligopoly. The collusion between the government and the sellers serves to reduce competition and inevitably leads to a Nash Equilibrium and higher prices from the dearth of competition.

Crony capitalism is still capitalism.

And a horse and a human are both mammals. You don't understand differentiating do you?

He clings to his Socialistic utopia vision and considering has has been suckling on the government teet most of his life, it is a hard realization to believe it isn't utopia. Of course what he fails to understand is someone had to pay the money he so eagerly accepted while playing farmer or should I say steward of the land?
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