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0 sats \ 12 replies \ @random_ 14 Jun \ parent \ on: Would You Rather Have Money Manipulated by Governments or Private Companies? bitcoin
A business doesn't just stop being a business when they use force.
Have you ever heard of a for-profit prison? Have you ever had to fund someone's commissary? Maybe if you had, you'd know how badly a company will treat a captive audience.
You're missing my point entirely. Also, bad treatment and criminal aggression are not the same thing.
I'm making a distinction between private actors and criminal actors (and, yes, I'm aware it's not a clean distinction). Private actors respect the property rights of others. Criminal actors violate the property rights of others.
There are many criminal organizations that are not generally regarded as such, or are not known to be such. That doesn't change anything about the point.
Private prisons are a euphemism. They are still part of the state and as such they are criminal organizations.
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Private prisons are a euphemism. They are still part of the state and as such they are criminal organizations.
Sir you are 0 for 3. Do some research.
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That has nothing to do with what I said.
Private prisons enforce state sentences, with state authorization, using state funds. They are part of the state in all but name.
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It's a good question and a reasonable concern, but I think they would be out of business if they had to function on an open market.
The broader question of how unscrupulous private companies would be, given the opportunity, is hard to answer. Market discipline is stricter than political discipline, though, so I don't think they could get away with as much.
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Those are concentration camps in a totalitarian communist state.
What in the world does that have to do with free enterprise?
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