Who Makes Money From Private Prisons?
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- Опубликовано: 28 дек 2019
- Private prisons were established during the war on drug and tough on crimes era when the US was incarcerating more people than ever. Since their establishment, activists and politicians have debated whether they should exist to begin with. Some argued they didn’t save the government the projected 20% nor were they of better quality. But they continued to grow into a billion dollar industry. Today the industry is largely dominated by two companies, geo group and CoreCivic. But in 2019, the two companies have had a tough year. From Families Belong Together protests that lead to Wall Street divesting to Democratic candidates saying that they will abolish the industry, if elected. After three decades of arguing it is morally wrong to profit from incarceration and detention, activists say this could be the beginning of the end for these companies.
CORRECTION (Dec. 29, 2019): At 2:30 we misstated the operating costs of state and federal prisons. The costs (as shown on screen) are billions, not millions of dollars.
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Who Makes Money From Private Prisons?
When you’re in the business of running a prison, you want people in there and keep them there! CORRUPTION IS INEVITABLE !!!!!!!
@K Rr you have to understand that the business model these institutions operate on is more prisoners = more money. Anything that actively profits off of crime
A.) Incentivises false accusations
B.) Incentivises lobbying for harsher laws (which has happened)
Oh Marina .... The only reason that you are not in one of these hell holes is due to you not being caught yet. You are no more innocent then the next human on that list. Every single adult has committed a crime of some nature that should, by your bull$hit rules, be locked up. The only difference is skin color and access to money....if your color isn't white or you only have $7 to your name you are getting locked up regardless of your innocence.
Marina Capri but if u get sentenced to time from a crime u did knowing the consequences u keep the private prisons open lol they are just making money from people doing illegal things but they are the bad guys? I don’t get it 😂
Having worked in a prison and hearing stories of people imprisoned there, I can tell you that a lot of it is luck of the draw. Some people get caught committing their crimes; some people don't. I have known people who got years in prison due to cannabis whereas others were let go. This is the America you live in.
So hand it over to rhe federal government cause no corruption there?
Someone gets rich by having more prisoners, wow, can u imagine the temptation to incarcerate more ppl??
I agree with the sentiment but these companies don’t run the court system and can’t force someone into committing crime
@Mono Woman that's propaganda. Comcast owners are Irish and Sony Bmg is Japanese/Dutch don't worry, the mastermind is mostly white guys.
@@TKUA11 they usually lobby for criminalizing something or increasing the sentence.
@@TKUA11 you think they can't incentivise that behaviour or make previous normal behaviour criminal by lobbying to make laws more strict.
Oh I hope you change your mind on them not doing it.
A healthy dose of scepticism is always a good thing.
Not too much. Not too litle.
@@TKUA11 Let's not forget the Pennsylvania judge who got kickbacks from a private prison company in exchange for issuing harsher sentences to kids.
Shouldn't the goal of prisons be to SHRINK, nor grow?
The whole point of prisons should be antithetical to private business.
3:13 after the highlighted sentence. Says the private module is "more responsive to reform".
No slavery is antithetical to private business (capitalism). No as populations grow criminals / crimes will increase thus requiring more prisons. Plus people have figured out that being in prison is easier than getting a job and paying rent.
Ah, but that darn thing called population growth. Crime has been at all-time lows and yet people still continue to commit crimes and get convicted. Where on earth do they go?
it is not the prisons' goal to shrink, and that statement on its own is problemetic. instead, we should say it is society's goal to decrease crime rate, not letting criminals go after shorter periods of imprisonment.
@@xcen1 Slavery is NOT antithetical to private business or capitalism. In fact private business is a major beneficiary of slavery
Private prisons economic model depends on housing inmates. That is the root of the the problem. Empty jail cells don't make money, occupied ones do. That introduces a built in conflict of interest with respect to the administration of justice. If judges are elected with financial backing from these companies or worse, receive bribes or kick backs, that means far more people will receive jail time keeping those jail cells occupied whether they deserved to go to jail or not.
What makes this worse is the funding is tax payer money. We could just keep the money or have it do something useful like infrastructure instead.
@@fleskhjertafan93 And do what with criminals who should be locked away
@@louisrobertson9215 send them to a public prison that has no incentive in sending more people to jail than is necessary. We already have too many people in jail who shouldn't be.
Dennis McIntyre . Your preaching
@@fleskhjertafan93 And there's no downside to government run facilities? As long as any money goes into a prison system, there will be quotas to meet and money to steal. Either way the tax money from getting rid of private prisons wouldn't go to anything else other than bolstering the government side
Sad to live in times where every aspect of life has some sort of corruption involved in it.
Try living in North Korea/Russia/China
@@johnmcglasson5444 At least there it is obvious there is corruption. America is genius at selling people the idea that something harmful is beneficial for them.
@@Twilightzoneelectronics there is ZERO logic or intelligence used in the argument, Try living in (insert craziest country you can think of). You can do that with literally ANYTHING. What, you think it's actually cold outside? It's 4 degrees, what are you complaining about? You should try living in Antarctica!
Sad to live in times where communist are trying to destroy EVERY ASPECT of the private sector.
@@johnmcglasson5444 The US has a much higher rate of incarceration than any country you can name. (China/Russia/North Korea)its the highest rate of incarceration in the world, as well as the highest number of incarcerated people. Our jails are also more in line with 3rd world countrys as far as standards of living. Our jails and prisons are far more brutal that most developed nations.
They have to fill up these prisons with random people doing small crimes. Big business 🤫
steverl22 I don’t know which you are against: imprisoning small criminals or the big business? If somebody stole your bag and stabbed you on the leg so you cannot catch him, wouldn’t you want this small criminal imprisoned?
@ger du then by who?
conservative puritan extremism
much like ISIS
Yep, people wonder where their tax dollars are being wasted and all you hear on FOX news is illegal immigrants, medicaid, and lazy people on food stamps are the culprits. I'd go into a rant on where the money is really being wasted, but if you have to gain that knowledge from some random person responding on youtube, then you should 100% stop voting LOL.....
And if you think the private prison is full of fraud..... imagine how bad the private healthcare industry is.
1) Any "profit" should be given back to the taxpayers (which is where it came from).
2) Any model in which 'more inmates = more profit' is a terrible idea, for obvious reasons.
Then its not called private prison. Its back to government run prisons which politically looks bad for the politicians. But being a private prison the politicians can use it as a political tool.
Nobody should profit from prison. Not tax payers nor corporations. Same fundamental flaw.
If society thinks these people should be imprisoned then society should be okay paying the bills.
@@VERCINGET0RIX I can assure you, tax payers will never "profit" from prison. Well, unless we get prisoners to start assembling electronics for us or something :P
@@xcen1 I don't think that it's a problem of public versus private. I think a private 'not-for-profit' company running prisons could be the best solution. Nine times out of ten, if you can get the government out of a particular venture, it will be for the best.
I think they should profit from prison if they provide good service.
I assume they have a lot of services for the customers, like public cafés, fitness rooms, pet care, cooking lessons, and whatnot. Larger cells options, "no Bubba cellmate" option.. Maybe luxury options marble and golden showers.
If they were not competitive, they would have no customers and not be profitable.
This country is a joke. Seriously
But still everyone wants to go there.
@@dranzergigs8333 it's a strange phenomenon. Don't see many leaving to go to better places either.
Amen.
Private prisons blow my european mind. Who ever thought that was a good idea?
Corporate run politicians.
Republicans
Corrupt politicians
jakomean the U.K. has twice the percent of prisoners in private prison than the states. France uses a semi private system. Other European country’s also utilize them....so evidently European minds thought it would be a good idea. E.U. is just much better at keeping its population ignorant of negative info than the states.
capitalists. this has been going on since lincoln signed the emancipation proclamation.
2:30 “3 million dollars to 17 million dollars”
I want to borrow one thousand dollars from that chick
Also, while she says "million" = numbers on the screen are Billions, not millions.
@Clive Nyathi You didn't get it, that's just a script mistake, it's *billion*
@Clive Nyathi - Do you know what corruption means? It doesn't just mean "I don't like it."
Money... Corruption.
Makes sense.
Private prisons traded on the stock market what could go wrong ?
Prisoners are fed rotten and poisoned food.
Short it.
I’m gonna load up on puts
Prisons in the hands of government bureaucrats... what could go wrong?
Our government has become less answerable to the public, but not nearly as much as corporations.
PS. You forgot the /s tag. ;)
PPS. So did Hangfire.
Buying and selling slaves on the auction block style prison model.. .
The real question is, why are we encarcerating so many people in the first place? Reducing encarceration should be the priority.
when billions turn to millions
In my opinion, presidential candidate Andrew Yang is the best option when it comes to fixing the prison industry.
He wants to abolish private prisons and pardon non violent drug offenders, which would save billions in tax dollars.
He also calls for decriminalization of personal use drugs combined with investing in public rehabilitation centers. It works overseas, it'll work here.
Finally and this is the big one, his freedom dividend policy would flip the entire industry on its head. Firstly, the dividend does not go to inmates and instead goes straight into supporting the prison/jail. Losing your $1000 monthly dividend will also be a powerful disincentive to crime and illegal immigration. Once an inmate has paid their time, the $1000 dividend will be returned and will help them adjust back into society, thus reducing recidivism rates dramatically.
All of this combined will slowly help make the U.S a much better place to live while simultaneously saving unimaginable amounts of tax dollars over the long term. Tax dollars that can be spent elsewhere like on climate change, the opiate epidemic, etc.
Yang 2020
could be explain by the fact that you use both dots and commas as separators for different meanings.
xl could be explain
@@Guerrilla727 sadly his agenda will not manifest simply because he's not apart of the agenda and when ur not with the agenda ur cast aside
@@MsG8summit 4 months later and I'm still sad reading this comment
Who makes money from private prison?
Answer: *Republicans & Democrats*
Everyone sucks.
The goal of a business is to make more money every single year. The way they do that is by cutting costs and imprisoning more people for longer. That can *and does* lead to some definite problems.
Private prisons can increase profits through expansion or acquisitions. And government contracts, buying prisoners from public prisons. This video shows very little spending by private prisons in politics. 1 million in 2018 to all Republicans. Trump by himself spent 400 to 600 million on 2016 campaign. So I dont see them having a lot of pull when it comes to making laws.
@Chris C "You're either the butcher or the Cattle"
And it is the tax payers who pay.
It's called the profit motive and michael moore surprisingly talked about this in the Human Planet documentary exposing modern sham environmentalism.
yeah the story about them all being nice and looking the same is a lie. There's one outside my town managed by the same company that's pretty bad to the point where inmates weren't fed then giving soggy sandwiches left out in the sun causing a massive riot.
Can we just appreciate that this C-suite executive actually bothered to do the on camera interview instead of doing like most and declining to interview but sending some scripted email instead? Good on him.
you are naive my friends. It just show how they freak out about all this moblilization.
That doesn't remove the fact that he and his cohorts, are a despicable bunch.
@@youngmo77 Prisons are money-makers. These people are going to be housed somewhere. If the state doesn't want to run it, private prisons are the only other option. It's not rocket science, baby Qwiet.
I was detained for 3 months on a Geo detention facility let me tell you things are terrible if I described everything that happened in their hair it will probably longer than the video itself but I lost my left eye because no medication for my glaucoma was provided after I'd mention them several times and I was literally told by one of thenearly crying said it is cheaper for them in the government for you to die then for them to provide care and they'd rather have the former private prison is not a good thing for any human being
What did u do to go to jail?
It doesn’t matter why you got in prison. Nobody should be punished by denying needed medical care, that’s inhumane.
@@cristianortega5850 I was born in another country
@@cristianortega5850 and I wasn't in jail I was detained because I did military service in Mexico which is mandatory for all male Mexican over the age of 18
@@gewurztramina Yes I completely agree but to top it all my family members were willing to pay for it and they deny it claiming they were going to provide the medicine for me
We should ban all private prisons may come back to state or federal
8:15
CNBC: "increase Revenue by cutting costs" -- I rarely say this, but you should reconsider working with this journalist :D
1. confusing profit and revenue
2. not knowing the difference between million and billion
3. Not realizing that comparing a dollar amount from 1987 to a dollar amount form 1997 doesn't take into account inflation.
Inflation is the only reason, then Revenue & Expenses would increase at the same rate.
I worked for the company that sells extra stuff to inmates it’s sad 😞 I quit the same day.
"I can definitely relate to that sir".😔
Explain what “ extra stuff” is please
@@DarkSkinT commissary I'm guessing. These prisons hire companies to sell food and hygiene to inmates that can afford it. But they charge them bout 10x more than what its worth.
The cost of phone calls is criminal. The majority of people are held pretrial. Can't afford bail, the entire system is corrupt from police, crime labs and prosecutor's and politicians who do the bidding of the corrupt lobby group Alec.
The food service, Sodexo, at my school, Illinois Wesleyan University, literally owns and operates for-profit prisons.
S. V. Villano school to prison pipeline
Its not just the private prisons, but the nexus of corporations that surround them too.
S. V. Villano that’s every college food service...
It's conflict of interest for such a company to have anything to do with a school.
crooked52h Literally what it is
The war of drugs
I think cocaine will beat up MDMA !
A two trillion dollar failure it's also why our space program has languished for forty years as it was one of the first things they raided to pay for it.
Imagine were we'd be if NASA got that 2 trillion dollars we'd have cities on the moon by now.
@@jeffbridges5312 lmaoooo you watching fake news again MR gullible
@@zingzzingz3571 Lol Silly, you're not just wrong you're 180 degrees from right and backwards, the very definition of a Liberal like yourself is a low info, low IQ, unaccountable loser completely out of touch with the real world
@@jeffbridges5312 The biggest group on welfare are white women.
The land of FREE!!
We are in desperate need of a cultural revolution!!
Some things must remain under control of the people!
#Bernie2020
Well europe had one.
American renaissance
man, i went to Tokyo earlier this year and i experienced so much more freedom than ive had in the US.
Everything in the USA is a business
I have worked as a Mental Health Counselor in a state run prison. These prisons are big business regardless of whether they are private or state-run. Also, don't forget that even in state-run prison, the Mental Health/Substance Abuse employees are typically sub-contracted.
I hope that excuse making law professor gets thrown in one some day.
For Profit Prisons. Calling them private prisons gives them an out IMO
As a European I find it incredible
CNBC answering questions we didn't know we had!
Correct
Cnbc at it again...
I guess I’m the only one who wanted to learn more about this I was thinking about this like 2 days ago
The info been out there just like all the celebrities that have a cut in the Prison industrial complex yes celebrities have they share in it too smh
@@iioooopp6932 I dont think youre the only one: private prisons is an abhorrent concept, getting rich on punishment is slimy and discusting, especially, since you are getting rich by keeping the poorest citizens (usually most of them POC) of society jailed for the longest time. ON TOP OF THAT, the US destroyed Parole AND the bail system, making it only available to the rich. Thats an incredible crime of human rights. I was born in France, have lived in Germany and live In Spain.ALL of those countries have parole, so when you have completed a third of your senctence you get the third grade, which means you strat going aout weekends etc. AND sentences are NEVER as high as they are in the US, bc sentences are suposed to REHABILITATE, not punish.
Missing in this analysis is the incentive to make more money by keeping people longer .
They skirt standards and find loopholes to be exempt from federal guidelines , allowing abuse and sloppy record-keeping that promotes secondary streams of profit unethical and/or illegal.
It's called the profit motive and michael moore surprisingly talked about this in the Human Planet documentary exposing modern sham environmentalism.
There was a study done on the psychological effects of the concept of incarceration. A random group of people were put in a simulated jail. Some were assigned to be inmates, the others guards. The results were so horrible the study had to be ended early.
The incident resulted in ethical standards and reviews for future studies. It is my belief the real lesson was overlooked because those in power refuse to accept the reality.
In the study the group placed in control lost all sense of care about another human being. They were placed in control and had backup. There was no reason for restraint.
Those selected to be inmates were quickly taught they were worthless and not capable of ever being in control of themselves or others. They lost all hope. They were trying to fight for their lives and they lost all concepts of time and the promise they would be released after the study time period.
Luckily the madness was ended early. The mental trauma didn't end with the study. Those in power want to tell society that they are professionals and handle incarceration humanely.
I propose it is not possible to incarcerate someone humanely. The politician passing the law has never met the other individuals his vote authorize the incarceration of. The prosecutor who argued for the strictest sentence doesn't know the person and doesn't see the life experience he is arguing should be forced on another human being. The jailers don't know the lives of those they oversee. They don't have the resources to do much if they tried.
What the guards in today's jails and prisons do have is power and backup. Are they really any better than the random study participants assigned to be guards?
My suggestion is no. Humans locking other humans in confinement and depriving them the freedom to pursue their dreams and needs should be severely limited and even then to the absolute minimum extent possible.
I'm not talking large buildings or rooms. I'm talking a neighborhood of dormitories where they can choose neighbors within reason. Where they can order food from a menu when they are hungry. I'm talking about having convenient places for help both in clear view so others can see people getting help and in discrete locations for those that prefer that route.
I'm talking vocational training with potential employers actively involved and able to offer employment. I'm talking upgraded accommodations with shared kitchens for those that earn it.
Most importantly I'm talking end the madness of 20 year sentences. I say recalibrate the maximum sentence and let the people who get to know the individuals and understand how to guide a person to a better life make the decision to release the person. It may be 9 months, it may be the full sentence. A group of these facilities rotate staff so multiple experts within the relevant specialties can know the individual and decide as a team there is no reason to keep the person. I'm not talking a parole board. I'm talking qualified individuals on their own schedule saying it is time to find other housing.
If a death of a loved one or marital problem or other life tragedy starts a chain of events that results in theft or drug use, sales, trafficking or even some circumstances of violent crimes.... Locking them up for years is cruel. It would be cheaper, better for the individual and their family, better for society as a whole because there has already been an investment in raising the individual. Let them at least contribute back.
Many victims might even benefit. There would be a better chance of restitution and they could see the result of the rehabilitation.
Long comment I didn't intend, but there you go.
The Stanford prison experiment?
Do you play prison architect while seeing that video ?
was searching for this comment.
I was legit playing it
2 inmates died a year? That's a big deal?
I've always had the impression that inmates died all the time. Stabbings, overdoses, infected tattoos, fights, ect.
I'd say that's not bad. But that's just me.
ruclips.net/video/cJpODSkQzqw/видео.html
What did you listen to? I saw 12 and that was just one jail?
@@AndrewFree 12 in 6 years. 2 a year.
majority of private prison population are made up of non-violent offenders, the falsely accused, and the poor.
@@cerebrumexcrement Many who end up in prison with victimless crime come out the other side angry - with PTSD and depression. So many stories of men who never hurt a soul in their life and then end up in a violent place where the population controls your peace.. There is no such thing as a rehabilitation within the prison system - its a death sentence of the mind☣
you forgot the part about inmates working for corporations for thirty cents per hour. most inmates are black makes not south America migrants. abolish slavery not just private prisons.
2:29 You mean Billion with a B !!
This is sloppy journalism at best.
I noticed that, too. I also noticed that the narrator (journalist?) mispronounced numerous words. Makes me wonder....
Hope private prisons will be banned in Arizona and the rest of America soon
As long as there is a republican majority in Arizona, not any time soon
This is a bigger thing than most likely realize. Any system where private individuals profit from people being incarcerated is prone to abuse. If Apple entices people with their latest iPhone, that’s fine. But when private prison companies gain contracts through political means, and their profits are tied to how many are sentenced to prison, that’s a huge conflict of public interest. And there are also all the issues about substandard treatment of prisoners in the name of increased profits. Many awaiting exportation, for example, have died in the custody of private for profit detention centers due to the focus on profits above all else. This is not the way to treat human beings and favors corporate greed over what’s right.
Yes it’s a very big issue.. I don’t understand why there isn’t more awareness to this.. or anyone trying to fix it… it just seems like everything is corrupt anymore
Capitalism is basically a corrupt government siding with big business to take from everyone else. They make up more and more minor crimes to lock people up because the rich get richer from private prisons. Judges are elected with their backing, then send you and your kids to jail even if you don't need to be there because it makes them money.
In prison ramen 🍜 runs the whole currency 💴
I'm not from the US and this is the first time I'm hearing about for profit prisons and it sounds so messed up. There shouldn't be an incentive for MORE prisoners.
I don’t know why private prisons exist. Here in the UK we don’t have them.
They represent the american way
Liam Walsh the businesses convinced people some way that they could make a profit and save money. CNBC did a special I would recommend watching on prisons. They made a point that businesses (showed a salmon farm) will contract with the prisons for cheap labor, making it steep for their competitors with civilian workforce to keep up
nice short documentary!
spotting this theme is good idea.
I can't believe CNBC's analysts didn't understand at minute 4:03 that the revenues comparison is not net of inflation ... just by adjusting by inflation, 32.17 from 1987 turned into $45.45 of 1997. Didn't they lived through that high inflation period?
Even I was thinking the same.
No one should profit from crime. If it is in someone’s financial best interest that crimes be committed. These people will naturally conspire to guarantee that crime rates stay high. If they fail, they will then lobby that punishments for crimes result in longer sentences. You can’t contain evil.
As someone who been in prison system everyone knows going to a private prison you get slot more benefits then you do staying in a state ran prison. Honestly mental health and drug rehab should be approached more seriously by USA and we could cut prison populations but don't let the media fool you painting private prisons as just a money making scheme when state prisons are the same. The state prison is just a big money cycle. They get federal money per inmate per day, they usually have industries in prison where they can pay sweat shop type labor and no one bats an eye and they don't join the consumer up with a huge discount on product they sell it for top dollar too. Heck Colorado always playing the Honey Smoked Salmon on the radio and that stuff is expensive and the fish are grown inside a prison complex. The whole prison industrial system is a big money making business
These episodes are so well researched. Literally a whole last week tonight episode worth of content they curate and make video on.
Now I know why many black people are locked up.
Thomas Jefferson: "The human care and happiness, not their destruction, is the first and only object of good government." These corrupt corporations need to be abolished. Any of their owners and ceo statements are self serving lies. That one sentence statement is based on facts that has eventually proven by every agency concerned about human rights.
A prison system that's dedicated to warehousing humans and profits rather than rehabilitation is not only flawed, but corrupted.
Surely just a base standard of how good of a society you are is whether you try to rehabilitate your prisoners or allow a corporation to profit off them
It's America mate. They'll try to make money off anything 🤣
Profiting off putting people in cages is an abuse bound to happen, remember the judge in Pa who got 28 years foor being paid by a private juvenile detention center?
Corporate Welfare States of America INC.
Yea, the private prison industry has nothing on the amount of fraud in the private healthcare industry.
How is it cheaper to privatize jails... meanwhile those jails make 2 billion in profit....
Common sense.
I have a family member who works for one of these companies (I won't make his name or location known) and it's his job to educate these prisons on how to make them profitable. No concern for the inmates whatsoever and a majority of the "for-profit" prisons are filled with people who don't deserve to be there. President Biden, today, ended this program and I couldn't be happier!
0:16 "There's absolutely nothing wrong with profiting off of anything" Yep..... a lot of people living in these facilities felt exactly the same way.
Oh you want to get high or make some money getting someone else high? Jail time!
Oh you want to make a profit off the incarceration of others? No problem! Can I get you a loan, or maybe some investors?
@Hunts By Chainsaw "there's absolutely nothing wrong of profiting off of anything" : that phrase is wrong in so many ways I dont know where to start.Youre profitting off the poorest members of society, usually POC, you raised bail to a point only rich people can afford to post it, and I could go on and on. Basically, Getting rich on punishment is such bad karma, I know it wil get you, even if I wont see it, and even if it will be in a way you'll never expect, bc that's how the laws of the universe work. Getting rich on peoples' suffering is sooo toxic for your soul, people who beleive in a "god and a devil" somewhere in heaven, to me are profoundly misguided. The devil is here on earth, and its people like these.
This story mentions the financial performance of federal vs private facilities, but it doesn't mention the success rate of federal vs private corrections. I think that would be most valuable.
We are always going to have a need for jails and correctional facilities. And at the end of the day, the federal versions of entities are often poorer quality and struggle financially.
Money in private prisions...or why drugs are still illegal.
like anything a business wants the service to continue and in fact increase as the share holders need it to keep going up military/prisons
At 2:30, those are Billions,
Not Millions.
Death race 4 in the works
Highest prison incarceration rate in the world that is the complete opposite of freedom
You don't live in the US, do you? If you did, you would understand that you have the freedom to do whatever you want as long as it isn't against the law.
Philip Martin I guess you don’t live in the United States because laws are the complete opposite of freedom having the highest prison incarceration rate in the world is the complete opposite of freedom laws are rules that is the opposite of freedom....
Philip Martin 😆😆😆😆😆
Ahenkel36 lmao. you can be walking on the sidewalks and be thrown in jail. you can pay your school lunch with a $10 bill and be thrown in jail. you can be growing thyme and rosemary in your kitchen and be thrown in jail. you can commit fraud and have millions of people lose their homes because of it and the government will bail you out. laws are useless in this country. freedom is an illusion. only the rich and powerful possess it.
Ask inmates which they like better, Private or Public owned Prisons.
Public. Private prisons look everywhere to cut corners. From guards pay to food and the facilities themselves.
@Anna Rock : flipping burgers in McDonalds will make you wealthier than most people in the world. Doesn’t mean that you’ll make a living here in the US.
public
@Anna Rock: Do you live in the U.S? -A McDonald’s job is one of the lowest paid jobs you can get. However, the money you make there is still higher than someone working in a 3rd world country. You said “American prisons are better than much of the world” -That is true if you compared them to 3rd world countries. But if you compare American prisons to 1st world countries like Canada, Western Europe and Scandinavia then U.S. prisons are hellholes just like a McDonald’s salary is good for a 3rd world country but is a horrible wage for a 1st world country.
@@annarock8966 your ignorance is showing. Google Scandinavia jails/prisons. Also, do you not know how to use Google? Or you a bot? Learn to research - I'll start, here's a source of nicest jails in the world - none in the USA
www.scoopwhoop.com/most-luxurious-prisons-in-the-world/
There never should have been private prisons. They need to go completely.
Obviously, rich people make money when poor people suffer. What else is new?
The style and voice over artist sounds a lot like VOX.
They get paid per inmate per day! Why would they want the inmates to leave! It’s like hospitals not being paid for treatments but how long you stay there, why would they ever heal you
It's the U.S. If an inmate leaves, there will likely be another one to replace him anyway (or hell, even the same guy could end up back in there). Plenty of men still to commit crimes and end up in prison.
Locking someone up is not rehabilitation every felony should not be a prison sentence
i love these video series, but is there anyway to reduce the amount of stock footage, and overall length of these videos?
Someone needs to set Miss cub reporter down and explain the difference between (M)illions and (B)illions @2:25
“You say potato, I say tomato, whatever.”
- Ali G
Israel also went this road of allowing the setting up of a Private Prison, training staff and then was challenged in the Supreme Court in that it placed control of the life of citizens [including the right to punish and impose restrictions] in the hands of the company awarded the contract to operate.
The Court ruled that it was a violation of the rights of prisoners and the contract cancelled.
A very costly and disruptive episode but at least resulting in a just outcome.
Great video, but I wish they would have addressed what happens if less people become incarcerated. I wish they would have explored how the incarceration rate is related to private prisons. Sure, these companies could be great at providing for their inmates, but is there incentive for them to support policy and policing practices that put more people in jail?
Whenever you contact one of your Elected Representatives ~ or when filling out one of the Multitude of Surveys sent to you by your Elected Representatives ~ you have an opportunity to ask that YOUR taxpayer funded prisons be removed from the hands of For Profit Corporations and be returned to YOUR For Justice Taxpayer hands. While you have your representative's ear, you can mention Ending Torture by Solitary Confinement.
Private prisons should not exist.
At all
Ask the inmates which prison they like better
Trent Smith lol
Because they tried both??
Essentially it’s profitable to not only have more criminals and have them incarcerated longer, incentives to promote morbid crime.
WHO MAKES MONEY from selling tv ads telling us to buy unnecessary new phones, fashion and cars while wagging their finger at the general public for having a carbon footprint while their Ceos produce more with their multiple vacation homes and exotic cars....YOU GUESSED IT !!!
"Do bad things happen in a well run system?"
No. Not nearly as often as they do in North America at least. Look at prisons in Scandinavia. People are behaving like animals because they are treated like animals. Things desperately need to change.
It's repulsive to me to watch these men in suites talk about the lives of prisoners like this. This is not ethical business. There needs to at least be caps on how much they can profit off of prisons. No one should get rich off the suffering of others. These people are literally benefiting from murder, illegal immigrants, drug trafficking, human trafficking, fraud, etc.
If im A Homeless person, maybe ill consider going in a prison.
Imagine free food, free shelter and the best of all you have a security guard 24/7. LOL.
i worked as a nurse at a prison here in FL. The destitute literally did make themselves know as 'repeat customers'. Very sad. And for SO MANY that is the only place they can get to psych treatment, after they commit crimes in their confusion, landing them there.
@@imawinwin When I worked as a Mental Health Counselor in a state-run prison, I saw many older clients who re-offended because they were homeless otherwise. The fact that they could get three meals, medical treatment and a warm place to sleep is all they wanted. It's kind of sad when it comes to that. What kind of life did they live to get to the point where prison is a good thing. That stays with me the most. The people I met and the stories they told. Did I have an impact?
If you enjoy little, and extremely terrible food, ok. If you enjoy a metal bunk, with a yoga pad for a mattress, ok. If you enjoy little to no healthcare, ok. If you enjoy no climate control environment, ok. If you enjoy little to no activities to do, ok. If you enjoy open showers and toilets, ok. If you enjoy forced wakeup and strip searching, ok. If you enjoy constant loudness 24/7, ok.
I guess it was too much to expect them to mention which politicians make money off private prisons
Hello CNBC, this video is really amazing and thank you so much for creating and sharing this great content. Since it is too good to watch alone, I’d like to introduce this content to Korean RUclips subscribers but need to add a bit of translation. Would you mind if I partially take some scenes from this video (approx. 5 mins) and put subtitles? I made CNBC logo & original video title always visible, added a link on my video explanation, encouraging viewers to visit this original version and watch the full version. I’m quite beginner in RUclips and not so aware of right way of asking copyright permit. If it’s not allowed, please do let me know I will immediately delete the video! Thank you !!
If there’s one thing I’m always thankful for it’s that I know there is a God, so I sleep well knowing that one day no matter how far there will be a punishment so terrible to describe waiting for the people who consciously try to keep others locked up. “For don’t you know? When a man digs a pit for another, he digs one for himself also.” 🙏🏾
Amen and it's coming soon
Please make more millennial money episodes
Andrew Yang is the ONLY 2020 U.S. presidential candidate I have heard speaking about how morally unjust the private prison system is.
3:13 read the sentence after the hightlight. What's the goal here, save money on the prison system or reform it? Is there any evidence that private prisons are proactively arresting people for minor issues for profit? What are the problems with privatization?
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when they mandate that states keep the prisons filled at atleast 90% capacity, its a racket and DAMN rebublicans are in the prisons back pockets wow
the background music sounds like In-A-Gadda-Da-Vida
Is it possible that this system could be used to extend the release dates for prisoners if money were placed into the certain hands as more prisoners mean more profit?
Look at the ethnic make up of the prison. If you don't see something wrong well.
@@bignick3303 I didn't specify prisoners or staff. Which proves that your racial ass is fully aware of the problem at hand, and you're willing defend institutionalized racism. Get yo ass outta here.
Splendid.
@TacoTacoTacoTaco yes that's the typical response of the privileged. Ignoring the fact that this is a minority group. So using our heads we can deduce that something is causing these gentlemen to not only commit crimes but receive harsher sentencing than other groups. Systematic oppression? Inequality of opportunities?
@TacoTacoTacoTaco Yet you replied away. If you have nothing valuable to contribute I suggest you get off the internet.
500 views per minute 😳 CNBC on that RUclips GRIND 💪 like no other mainstream media outlet is 🚫🧢
lol
How many judges and lawyers own CXW and GEO stock?
That Florida prison makes $36.72 million a year of of the 2000 inmates. Sounds like incentive to keep imprisoning people.
There absolutely IS something wrong with making a profit from some things. If you're taking a profit from a social service, that is a service that by definition should be solely for the purpose of serving the members of the society with their money, you're taking money OUT of the benefit to the society itself. Eventually, it corrupts the process by changing fundamentally the goal from service to society to service to the shareholders. Bad all around as quality is sacrificed for earnings.
@2:29 million?😂
And let's not forget the music industry, which intentionally started encouraging gangsta/degenerative music with the intention to influence the youth into degenerative music and filling these private prisons. It's so disgusting and they've literally destroyed an entire community with this evilness.
Buy GEO. This is the type of business that has a core moat. They will NEED PRIVATE PRISONS> Private prison operators do NOT affect the law or the crime rates. They are a service providers to the STATE>
GEO is going to $30+/share.
yield now is >11%
no debate, get rid of the moral hazard, GET RID OF PRIVATE PRISONS. Too much incentive to rake in the $$$$ and not truly rehabilitate or help get people back into their life.
but then the tax payer have to pay for the prisons
@@diogocoelho293 yup
@@diogocoelho293 just like we pay for all the other social obligations required of living in a civilization.
diogo coelho we already pay for it. We give whatever company x amount of dollars per day that a prisoner is there.
@@ValentinoBentley your comments appear to show your lack of understanding of the moral hazards of having a private company running a prison for the state.
educate yourself:
en.wikipedia.org/wiki/Kids_for_cash_scandal
this case and many others are why people are against this garbage.
6:45 Rehabilitiative services = Video games LOL
Prisons don’t rehabilitate. This is a fact.
What’s wrong with them playing video games anyway?
Does nobody review these videos before they are uploaded? Ex: @2.30-2:33 the figures showed are billions and are stated as millions by the narrator. The lady also forgot to mention the year when the 750k people were imprisoned.
Very interesting. Those yields!
I love that one guy From the GEO group whos acting like the sudden spike in money in funding private prisons was just a minor political accident and wasn't the direct answer to their lobbying of 100,000's of dollars or possibly millions to the Trump campaign before and after the elections.
making money from waging terrorism
Yes! Please make more videos like these!
Oh boy, can't foresee anything going sour with this one
2:25 - Looks quite a bit higher, I am afraid.