The Prison Industrial Complex

Prisonprofits

Today, America is witnessing the rebirth of institutionalized slavery within its borders and it is indeed a predominantly racist practice with Latinos and Blacks comprising the bulk of the new slaves. And we are also witnessing racist rates of incarceration within our juvenile justice system. This outrageous practice should be decried by every media outlet in the country, but this problem is all but ignored by the mainstream media.

Prisons for Profit, You are the Commodity

There are over two million inmates in American prisons, or one in 743 people. Communist China, which has five times the population of the United States, has 500,000 less inmates. The United States has only 5% of the world’s population, but has 25% of the world’s prison population. In 1972, the U.S. had less than 300,000 inmates. By 1990, the incarceration rate had skyrocketed to one million and by today, the rate has more than doubled again. Again, why? Because there is very big monied interests behind the growth industry of privatized prisons.

The Corrections Corporation of America is the largest private prison operator in the United States. The CCA procured its first private prison in, ironically, 1984. Did you know that in many states, privatized prisons are guaranteed 90% occupancy rates by the government?

According to the California Prison Focus “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 Impetus Behind the Prison Industrial Complex

According to public analysis from the Security and Exchange Commission (SEC), the largest holder in Corrections Corporation of America is Vanguard Group Incorporated. Vanguard is a major player in controlling several media giants. Vanguard is the third largest holder in Viacom and AOL Time Warner.
The conclusion is inescapable. The people who control privatized prisons in the United States are also heavily vested in the media. This is why you don’t hear about the Prison Industrial Complex in the media and the installation of institutionalized slavery in our privatized prisons goes largely unreported in the media. This makes the privatized prison industry a Wall Street backed growth opportunity.

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