Private prisons exist in the Netherlands, but they are not allowed to make a profit. How and why do they exist?
In: Economics
“Nonprofit” doesn’t mean “free”. It means they charge enough to maintain their buildings, pay their employees and buy paper for the printer, etc, but that’s it. They don’t have investors standing behind them, screaming for them to raise prices and cut costs all the time to increase profits.
It’s good that they exist because they provide a secure box where you can lock up (and hopefully, reform) bad guys. Secondarily, they employ guards, counselors, maintainers and admins.
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