By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Kasz216 on 13 January 2013
Edit Thread
Mr Khan said:
Kasz216 said:
Mr Khan said:
SamuelRSmith said:
Mr Khan said:

That's not profiteering. Profiteering is about making money on stuff. You're talking about pork. Employees of the state can profiteer off of things like the War on Terror, but the State as a whole draws no revenue from rounding up terrorists or conducting warrantless wiretaps or what have you.


What's on earth's "the state overall"? Governments, like all other organisations, are just collections of people. Corporations don't profit. States don't profit. The people involved do.

The state overall is like "the company overall." If you're working for a nonprofit organization that does charitable work, they as a whole draw no revenue from what they do, though you personally profit. So it is with the State, whose only revenue-drawing functions are taxes, fines, interest from sovereign loans, and military weapons sales. Much of what the state does is not about profit.

So if the prisons are non-profit you woudln't care?  That just seems weird to me.

If the prisons were non-profit, there'd be less cause for exploitation. Like the thing with the judge that you mentioned. No prison would bribe judges to make more prisoners if they weren't getting mad cash out of the deal.

Sure they would.  There would be less cause for it, but non profit CEO pay works just like for profit CEO pay.  Or Oldschool CEO pay before stock options anyway.

What they get paid is based on how well the Non-profit is doing.  The more profit a non-profit makes, the more they can justify being paid and the more the trustees will reward them for doing a good job.


Afterall, Nonprofit companies do make profits.  It's just those profits aren't paid out to investors.  Instead it stays in the company for further projects, like opening more prisons, etc.  

Therefore the decision makers of a private prison project can justify being paid more if they open more non-profit prisons that they manage and increase their revenue.  The bigger the nonprofit, the more the CEO gets paid...

http://www.charitynavigator.org/__asset__/studies/2012_CEO_Compensation_Study_Final.pdf

Or a government prison head, could justify being paid more when their union renegotiation comes around if they are managing more prisons/prisoners/making more profit by leasing prison workers to private companies/saving politcians from having to raise taxes by making everyones liscense plates for free.