[Peace-discuss] A very Amerikan interpretation of capitalism and capitalist enterpeneurial risk taking

[Laurie Solomon]

So much for the old Capitalist notions of the “profitability of investment returns” being based on such factors as the amount of risk involved, supply and demand in a free competitive marketplace, etc.  Not only do they insist on a guarantee of 90% occupancy but also on a 20 year contract, which probably would be an exclusive contract given the requirement of 90% occupancy. Where is the entrepreneurial spirit of taking risks and being competitive in a free market environment where success and profit is based on meeting existing and future supply and demand for the service from one’s customer base? Where is the risk; where is the competition; and where is fair trade (the three cornerstones of theoretical, non-monopolistic Capitalism?  


Private Prison Company to Demand 90% Occupancy 
Noel Brinkerhoff and David Wallechinsky, AllGov 
Intro: "The nation's largest private prison company is offering cash-strapped state governments to buy up their penitentiaries and manage convicted criminals at a cost-savings. But there's a catch ..." 
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