America’s For-Profit Prisons: Greed vs. Justice
Today, in the United States, there are privately owned for-profit prisons that contractually require states to maintain a certain number of prisoners. If prison populations fall below the agreed upon quota, there are fines the states have to pay to these prison corporations.
There is something terribly wrong with America.
You can even invest in for-profit prison corporations, or the partnership corrections industry, as they prefer to be called.
One such company is Corrections Corporation of America, or CCA for short, which is traded on the New York Stock Exchange under the symbol CXW. Started in 1983, the Corrections Corporation of America was the first for-profit prison company.
Tony Grande, CCA Chief Development Officer “We are grateful that the state of Georgia has expanded our relationship and entrusted these additional inmates into our care”.
The true tragedy is the cost to the prisoners. These are actual human beings, most often not white, who are being preyed on by people in the more affluent sectors of American society. Lives are ruined every day so that stockholders can enjoy a better return on their investment.
According to The Sentencing Project, when CCA was founded in 1983, there were about 400,000 people in prison in America for various crimes. By 2012, that number had risen to more than 1.5 million people. In 1985, states were spending $6.7 billion on housing inmates. By 2010, states were paying $53.3 billion.
Prisons for Profit
Learn how prisons make profit on prisons in the the United States. Do not believe the media lies that say prisons do not profit. Watch this film and learn how profit is made.
What Is The New Jim Crow
The majority of young black men in major American cities are locked behind bars or have been labeled felons for life. In this incisive critique, former litigator-turned-legal-scholar Michelle Alexander provocatively argues that we have not ended racial caste in America: we have simply redesigned it.
Alexander shows that, by targeting black men and decimating communities of color, the U.S. criminal justice system functions as a contemporary system of racial control, even as it formally adheres to the principle of color blindness. The New Jim Crow challenges the civil rights community – and all of us – to place mass incarceration at the forefront of a new movement for racial justice in America.
Michelle Alexander, highly acclaimed civil rights lawyer, advocate, Associate Professor of Law at Ohio State University, and author of The New Jim Crow: Mass Incarceration in the Age of Colorblindness.