Someone argued that private prisons have an incentive to enslave people and that it would be bad for there to be private prisons under anarcho-capitalism
Others have argued that private prisons would be rarer and crime might be more in fines or other ways of making restitution rather than prison times
What problems exist with the idea of private prisons and what solutions do you suggest to these objections?
I don't think prisons would be practical in a stateless society. You really want to pay $500 a month to get back at some guy who stole your car? Or would you rather just have him give you the car back and pay some compensation?
Or let's say someone murdered your spouse. You want to pay money for the rest of his life to get back at him? More likely, you want compensation.
I think Friedmans conception of how security firms could replace the current justice system is the most realistic.
What if they pay for their own imprisonment
That would be tough because you would have to keep them productive which isn't imprisonment anymore, that's just slavery or indentured servitude.
And again, according to Friedmans conception in Machinery of Freedom, people would most likely choose security firms that don't practice imprisonment or slavery.
I fully agree with Hubbard here, prisons are a VERY ineffective and unfair method of handling criminal activity. They are 100% a product of statism and actually breed crime rather than stop it.