Here’s the 2010 10k of the Corrections Corporation of America (PDF), the largest operator of private prisons in the country. It’s a pretty simple business model – more prisoners, more money. Or, as the company writes, “Historically, we have been successful in substantially filling our inventory of available beds and the beds that we have constructed. Filling these available beds would provide substantial growth in revenues, cash flow, and earnings per share.” CCA offers an assessment of risks to the company, which include ending the war on drugs or curbing the incarceration of undocumented immigrants.The demand for our facilities and services could be adversely affected by the relaxation of enforcement efforts, leniency in conviction or parole standards and sentencing practices or through the decriminalization of certain activities that are currently proscribed by our criminal laws. For instance, any changes with respect to drugs and controlled substances or illegal immigration could affect the number of persons arrested, convicted, and sentenced, thereby potentially reducing demand for correctional facilities to house them.Many people wonder why the Obama administration is so harsh with undocumented immigrants – these words supply an explanation for why such harshness can be profitable. But there are more risks.Legislation has been proposed in numerous jurisdictions that could lower minimum sentences for some non-violent crimes and make more inmates eligible for early release based on good behavior. Also, sentencing alternatives under consideration could put some offenders on probation with electronic monitoring who would otherwise be incarcerated. Similarly, reductions in crime rates or resources dedicated to prevent and enforce crime could lead to reductions in arrests, convictions and sentences requiring incarceration at correctional facilities.Reduced sentences, good behavior, and fewer arrests are business risks, where a high recidivism rate is a bonus in this schema. And the lobbying and campaign donations flow from the business logic, as this report lays out. These companies want to keep the war on drugs going, want caging of undocumented workers, and want to make sure that good behavior is rewarded with more jail time. And the more like a police state America becomes, the better.
3.28.2012
Why the Continued War on Drugs
.. because it's profitable.
found here. Matt Stoller: Who Wants Keep the War on Drugs Going AND Put You in Debtor’s Prison? « naked capitalism
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