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Incarceration and Private Prison Firms

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#11 Feathers

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Posted 15 January 2017 - 08:39 PM

 

Private prison stocks are flying on Trump victory
 
Private prison stocks soared Wednesday after Republicans won control of Congress and the White House.
 
Corrections Corporations of America (CXW), which has renamed itself CoreCivic, and GEO Group (GEO) had suffered some of their biggest declines over the last several months.
 

 

 

I'm wondering if video surveillance technologies are rising in the marketplace!

 

http://forum.chicken...misinformation/


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Posted 01 April 2017 - 03:37 PM

The Prison Industry in the United States: Big Business or a New Form of Slavery?
 
What has happened over the last 10 years? Why are there so many prisoners?
 
    “The private contracting of prisoners for work fosters incentives to lock people up. Prisons depend on this income. Corporate stockholders who make money off prisoners’ work lobby for longer sentences, in order to expand their workforce. The system feeds itself,” says a study by the Progressive Labor Party, which accuses the prison industry of being “an imitation of Nazi Germany with respect to forced slave labor and concentration camps.”
 
The prison industry complex is one of the fastest-growing industries in the United States and its investors are on Wall Street. “This multimillion-dollar industry has its own trade exhibitions, conventions, websites, and mail-order/Internet catalogs. It also has direct advertising campaigns, architecture companies, construction companies, investment houses on Wall Street, plumbing supply companies, food supply companies, armed security, and padded cells in a large variety of colors.”
 

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