Friday, February 17, 2012

Crime and prisons are the new economy

As more and more incarceration is being outsourced to private companies, an interesting dychotomy is occurring between the state, and these entities.

Companies are MANDATING that states arrest more poeple, and ensure quotas to the prison system.

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…the states must guarantee that are there are enough prisoners to ensure that the venture is profitable to the company.
Corrections Corporation of America (CCA) has reached out to 48 states as part of a $250 million plan to own existing prisons and manage their operations. But in return CCA wants a 20-year contract and assurances that the state will keep the prisons at least 90% full. – All

Just like the old cliche regarding life insurance, where sometimes a person is more valuable dead than alive, so to is it becoming more profitable to the state when someone is incarcerated than free.


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