5 comments

  • jameskilton 20 minutes ago
    The entire concept of "for-profit incarceration/detention" should not exist. Such a system only incentivizes cruelty.
    • virissimo 15 minutes ago
      In practice, it doesn't seem to make much difference:

      > Propensity score matching and regression analyses of the National Inmate Survey are used to examine individuals’ experiences and perceptions of environmental quality in public versus private prisons across key domains of prison life, with an emphasis on needs, behaviors, victimization, and attitudes. No differences are identified for women. Males in private prisons are more likely than men in public prisons to perceive there to be inadequate staffing and are less likely to report maintaining ties with people outside of prison. Men in private prisons are also less likely to report crowding to be an issue.

      https://www.researchgate.net/publication/361439680_Private_V....

      • brenschluss 7 minutes ago
        We should zoom out in perspective. The question is not “is the experience in for-profit prisons better for incarcerated people”.

        It is “for-profit prisons create a system with a financial incentive to increase the number of incarcerated people”.

  • moomin 30 minutes ago
    Always interesting to answer the question of who benefits from certain policies.
    • cwmoore 23 minutes ago
      Apparently it is the luxuriating inmates: “an average rate of $307,000 per bed.”
      • somenameforme 9 minutes ago
        Wowzer. Can somebody please start AirBnBars? I have an extra room, and some steel bars.
      • andai 21 minutes ago
        And, as is tradition, are deprived of approximately all the value they produce!
    • ortusdux 14 minutes ago
      Heck, at this point half of those policies are drafted by private prison industry lobbyists.
  • raoulj 1 hour ago
    YoY Net Income from CoreCivic's own financials (2025-2022): 116.50, 68.87, 67.59, 122.32
  • parineum 29 minutes ago
    It's intentionally misleading to use revenue in this headline.

    People will read that headline and come away with the impression that private prisons are making billions. They're expenses are most likely scaling with their revenue.

    If your concern is that private prisons exist or that detention is climbing, the dollar figure is secondary to other, better measures. Instead, revenue is (mis)used to give yhe impression that people are getting rich off of this and, while that may be true, the relevant number is the increase in income, not revenue.

    In short, NPR isn't above clickbait that's biased towards their audiences.

    • runako 19 minutes ago
      No. Revenue is a generally accepted business metric. It is normal to discuss revenue without being also compelled to discuss profits at the same time. You don't have to like the common way of discussing business, but that doesn't change this.

      > give yhe impression that people are getting rich off of this

      CoreCivic is a public company, so we can see that the C-suite each earns over $1m annually in cash compensation. the Chief Development officer earns more cash compensation than the person holding the same title at Hilton, a company worth over 20x more.

      Then, we can look at the insider roster to see that the CEO currently holds over $10 million in stock, the heads of HR and corrections each hold over $5 million, etc.

      People should get the impression that people are getting rich off this because people are getting rich off this.

    • woodruffw 25 minutes ago
      Independent reporting on the treatment of detained immigrants might reasonably lead one to believe that expenses are not scaling linearly with increased revenue.
    • moate 1 minute ago
      >> They're expenses are most likely scaling with their revenue

      A unique phenomenon that only exists in this industry and is clearly the reason you feel opposed to people performing the same sort of analysis they would on other businesses...

      Also, nobody would assume a company with 1.4B in rev is "making billions" as that would be impossible based on their revenue being less than 2 billion.

    • diabllicseagull 22 minutes ago
      It's a useful figure in that it shows how fast an industry, which shouldn't exist, grows:

      "Swindle said that CoreCivic's total revenue went up by just over 27% this spring compared to the same quarter last year, for a total of $684.9 million."

    • forgetfreeman 12 minutes ago
      This "well actually" feels like it's in the same vein as tobacco companies funding cancer research. 30 seconds with Google shows that CoreCivic's Q1 earnings for 2026 are ~%50 higher than earnings reported for Q1 from last year. So yeah, they're getting rich off this.
  • achillesheels 14 minutes ago
    Oligarchy! Sad!