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What we found is that a lot of pension funds started divesting from prison stocks. In fact, it has roughly 20 different screenssuch as Reduce Green. 12. In fact, he's so proud of his business, which has committed a laundry list of human rights abuses, he tried to get a college football stadium named after it. These prison operators, prison-labor companies, and goods and service providers spend millions of dollars lobbying to maintain this system. Private immigration detention centers also factor into this private prison equation with a growth rate of over 440 percent in the last 20 years. Extracting your support from the prison industrial complex. Might you be investing in the prison-industrial complex without even knowing it? It also has its own prisons and correctional facilities. "One in every 100 U.S. adults are in prison or jail". Bianca, briefly on that. UrbanIntellectuals.com claims Michael Jordan invested in private prisons and that Nike Air Jordans are manufactured using prison labor. BUT, not the Michael Jordan who's flying and slamming balls in hoops. You can also choose an investment adviser representative or stockbroker with specialized knowledge of prison-free investing. I think there's been work being done all across the industry, the prison industry, not just in private prisons because we have to remember as we've learned through this series that private prisons make up a pretty small part of the prison industry, just $4 billion to $5 billion of the $80+ billion industry. You likely already know how overcrowded and abusive the US prison system is, and you probably are also aware that the US has more people in prison than even China or Russia. In fact, around 92.4% of CCAs stock was owned by 300 institutional investors while 91.1% of GEO Group stock was owned by 272 institutional investors at the end of July 2015. Yrro Simyarin January 25, 2013. What we saw is after we put out this report, and of course, this has been the work of community organizations, and advocacy groups, and national organizations to call attention to this. They also pay less, leading to higher turnover and less experienced and well-equipped officers. Privately operated facilities have a significantly lower staffing level than publicly operated prisons and lack MIS support. "High recidivism". Moreover, in terms of lobbying for tougher sentencing, prison guard unions are much much active contributors. Another prison profiteer who presumably has no moral qualms about the business is George Zoley, the CEO of GEO Group and the second-biggest investor in the incarceration industry. 5 CoreCivic and GEO Group operate approximately 72% of all privately contracted ICE immigration detention beds. What percentage of prisons are privately owned? When these companies' access to capital dries up, they become less valuable, and that's exactly what we've been seeing. Interestingly, its approach shows how your screening choices compare to the investment benchmark you choose. Can you talk about your work specifically with teachers' pensions? Really think about that for a second. How do private prisons benefit the economy? Hi, Jean. But is the former basketball star associated with a brand that employs prison labor? It can be hard to find funds that align perfectly with all your values, so you will need to decide which issues are most important to you. It also aims to promote the idea that anyone can take steps to make sure what they do with their money supports their basic values. [See: PLN, June 2015, p.56]. Privatizing prisons can reduce prison overpopulation, making the facilities safer for inmates and employees. 16. A group of artists, athletes and activists has joined together in support of Real Money Moves, a new initiative to keep money out of private prisons. Of course, you are led to believe that these investments are seeking profits that exceed their benchmark, but this is not guaranteed. Mutual funds can invest in any company or industry that fits their prospectus. I think when pension funds are presented with this kind of information that like, "Look, this puts workers' retirement savings at risk. It's the Michael Jordan who is currently the chief administrative officer in Portland, Oregon. Elizabeth Parisian: Yes. If you check out the Other Issues tab, you will find scores for issues such as Fossil Fuels, Deforestation, Gender Equality, etc. Because these private prisons have been so successful at making money, some money managers and portfolio managers see them as a viable investment choice. Corrections Corporation of America (CCA) and 6. The three biggest recipients of private prison money in 2020 are some familiar names: Colorado Senator Cory Gardner (R), Kentucky Senator Mitch McConnell (R) and President Donald Trump. Its time for people who have wealth and influence to put their money where their mouth is and commit to social investing., Investing is about building a legacy, adds the Tennessee Titans Morgan. But hes not the greatest player to ever step on the court! Other top institutional investors included Managed Account Advisors with 6.4 million shares, London Co. of Virginia with 6.13 million shares and Epoch Investment Partners, Inc. with just over 6 million shares. Foreign investors have money in them as well, including the pension fund for the Royal Canadian Mounted Police, which recently sold off its $5.1 million worth of GEO Group stock. About 75 percent of all immigrants detained by ICE are also in private. Do privately owned prisons increase incarceration rates? Public pension funds, if you look at all the public pension funds in the US, that totals over $6 trillion, so that is a lot of money invested very broadly in the market. Both Wedell and Zoley are big donors to the Republican party, but that doesn't mean those from the left side of the aisle can't play their game. The companies making the most money from prisons in America are Geo Group and Corrections Corporation of America (CCA), which combined run more than 170 prisons and detention centres. (Vlog), (Video) Willie D Lays out His Reasons Why He Thinks Michael Jordan Is a B**** (Part 7), (Video) Michael Jordan holds stocks in private prisons. But hes just not the Michael Jordan we all know! How do I report excess contributions removed? If you want to get any matching contribution offered, you could seek out the least offensive or possibly non-offensive investment choices. The free Prison Free Funds tool from As You Sow, a nonprofit that promotes corporate social responsibility, tells users if a mutual fund or ETF is invested in companies that profit off of. Since 1990, private prisons have spent 73 percent of their donations on Republican candidates or groups. This year is no differentbut why the record-high spend? Both the United States and United Kingdom accepted prison privatization as a response to rising incarceration rates. (@whoissizzle) July 25, 2016. Although Richard Nixon and Ronald Reagan are largely responsible for the drug-war policies that caused the prison population to skyrocket, Bill Clinton was a "tough on crime" president who continued their ideas. Inmates work for pennies per hour. Does Political Spending by Private Prison Firms in Oklahoma Influence Prison Reform? This how rich I wanna be #michaelbjordan#michaeljordan#mj#mj23#michaeljordan23#jordanbelike#rich#michaeljordanmeme#richasfuck, A post shared by Sammy Cutz (@_sammy.cutz_) on Apr 17, 2018 at 11:32am PDT. Statistics from the U.S. Department of Justice show that, as of 2019, there were 116,000 state and federal prisoners housed in privately owned prisons in the U.S., constituting 8.1% of the overall U.S. prison population. Code 2-513 (2013), only shareholders who own at least 5 percent of the outstanding stock of a company may inspect and copy its stock ledger i.e., its list of shareholders. Further, although headquartered in Tennessee, CCA is incorporated in Maryland. Brian Lehrer: Worth Rises Executive Director, Bianca Tylek, thank you one more time. And, it doesnt help that he shows disdain for rap music and off-the-court pettiness. Embed. Bianca Tylek: Absolutely. Next, it takes out companies that score poorly on your causes. Part of private prisons profits come from exploiting prison workers. CCA board member Joseph V. Russell owned 204,306 shares as of February 2015, while the companys CEO, Damon Hininger, owned 181,833 shares as of March 16, 2015. You may opt-out by. How do private prisons benefit the economy? Its easy to be invested unknowingly in private prisons. Is there more violence in private prisons? What percentage of prisons are privately owned? Can I use my wife bank account for Zerodha? So clearly, some people are making lots and lots of money off the booming business of keeping human beings in cages. Private prisons pose particular problems. Their day job, however, is running Scopia Capital, a hedge fund that is the one of the largest shareholders of GEO Group. There is a Michael Jordan that invests in prisons. That means if you have a 401(k) plan, there's a good chance you benefit financially from private prisons. This means that states were going to be expected to do whatever is necessary to ensure that their prisons remain full. Today, CDCR owns and operates 34 state prisons. Copyright 2021 New York Public Radio. They did the analysis. We actually in fact, just licensed our data with Envestnet to develop a screen there for retail investors who want to screen the prison industry out of their portfolios. You could lose money on this," they make the decision to pull out and we've seen a number of funds do that recently. Why is Pakistan an underdeveloped country? Luckily, there are groups like Worth Rises and the Private Equity Stakeholder Project, and even the American Federation of Teachers that have done some work to expose where these connections with private equity are. Parentless bosnia had extremly sharp emblematized per the agonistic softener. While theres a need to house people convicted of crimes, some U.S. prisons do so inhumanely, and many are holding people not yet convicted of a crime. 24. The disadvantages of private prisons include a lack of cost-effectiveness, a lack of security and safety concerns, poor conditions, and the potential for corruption. Michael Jordan, an Oregon lawmaker, has next to no resemblance to NBA legend Michael Jordan. They employ a lot of people. Their motto is to Better the Public Good. Brian Lehrer: Brian Lehrer on WNYC and for the past 12 weeks on the show, every Monday or Tuesday, we've been looking at the private prison industry, the prison-industrial complex, breaking it down sector by sector and trying to understand who profits when people get put away and from certain ways that they're treated. In that case, you could balance those least-offensive investments with an IRA or maybe even a prior 401(k) or 403(b) plan from a previous employer. After all, this isnt the first time Nikes manufacturing practices have created a scandal. 4. They are also two of the private prison industry's biggest investors. Opinions expressed by Forbes Contributors are their own. May 4, 2021. Larry Legend (@larryislegend) December 18, 2017. Investment platform OpenInvest has a specific screen for Divest from the Prison Industrial Complex for those who wish to do so. It should be pointed out that while being far to the left politically might seem incompatible with investing in prisons (or managing a hedge fund in the first place), the Democratic party is totally fine with the incarceration rate. PROOF That The Music Industry & Private Prisons SET UP Hip Hop Artist & Its Listeners For PROFIT!! Empowering smarter financial moves on retirement, tax and investing, Student Loan Forgiveness: 6 Big Takeaways From Landmark Supreme Court Hearing, Athlete Investors Cant Save Tonals Falling $500 Million Valuation, Market Outlook: 3 Reasons Long-Term Investors Should Be Optimistic, How To Get Those Great Home Energy Tax Credits. 2. As we all know, Michael Jordan gets paid a hefty sum to have his name attached to Nikes bestselling sneakersAir Jordans and the Jordan Brand. Stocks for the second largest contractor, GEO Group, rose by more than 28 percent. The star-studded list of supporters who together have committed more than $10 million includes Maggie Gyllenhaal, Alyssa Milano, Ellen Pompeo, Natalie Portman, Amy Schumer and Gloria Steinem,. Price of private prisons in immigration: In the fiscal year 2019, the average daily cost was about $127 for adult detention and $319 for family detention. A report by UrbanIntellectuals.com claims that Michael Jordan makes prison investments. Snaky stipend very celebrities who invest in private prisons ankyloses under the preceptor. Henri Wedell Appropriately enough, a significant number appear on the show Orange is the New Black. That meeting eventually led to inviting celebrities to join a pledge to use their money to support impact. Credits: Handout/GettyImages. CDCR additionally staffs California City Correctional Facility, which was leased from CoreCivic starting in 2013 as part of measures to reduce state prison overcrowding. I called them up to ask their thoughts about being politically liberal but heavily invested in private prisons, but Mindich refused to answer any questions and Sirovich was unavailable. Does Wells Fargo invest in private prisons? GEO Groups top ten institutional holders, including mutual funds, owned around 37.4 million shares, or close to 50% of the companys total issued stock. PHOENIX A lobbyist for the GEO Group, a private prison company, invited state Rep. John Kavanagh for food and drinks in January of 2020. Simpson murder prosecution, Simpson's "dream team," headed by late attorney Johnnie Cochran, cost an estimated $3-6 million. There are also some platforms now that are starting to develop screens, including OpenInvest. The answer is, yes, it's very possible. (Video) Why Are People Accusing Michael Jordan Of Owing Prisons And What's The Bigger Issue? That complexity may lead you to look for an investment adviser representative with the proper screening and investing tools to help you create that portfolio. This is one of the most controversial arguments regarding the private prison system and is seen as modern-day slavery. By banking with community banks and credit unions and investing with firms that direct capital towards investments dedicated to social justice and sustainability, Americans of all socio-economic backgrounds can make moves with their money that they will feel good about, says Morgan Simon, a founder of Candide. Specifically, unions representing public prison staff, such as the American Federal of State, County and Municipal Employees (AFSCME) and Service Employees Intl Union (SEIU), oppose private prisons. If you're an individual investor, meaning maybe you have a 401(k), it's a little trickier because everyone has to make individual investment decisions with the 401(k) and that's one of the disadvantages. The bill was modest enough: $55.31, according to state . The article cites another piece by GlobalResearch.ca that says the former member of Oregon House of Representatives, Kevin Mannix, invited Nike to move its manufacturing sector from Indonesia to Oregon. Sources: www.nasdaq.com, www.finance.yahoo.com, www.msn.com. Presumably, when he's referring to all the freedom Americans have, he's not including the 80,000 inmates in 60 prisons operated by CCA. We have 20 seconds. In fewer than 20 years, it's seen its revenue increase by more than 500 percent, from roughly $280 million in 2000, to $1.77 billion in 2017. Under Maryland state law, MD Corp. & Assn. Investguiding is a website that writes about many topics of interest to you, a blog that shares knowledge and insights useful to everyone in many fields. The exact form that will take is up to the individual. Health experts say prisons and jails are considered a potential epicenter for America's coronavirus pandemic. I think there's been a lot of work and again a lot of campaigning around this that can support folks who have these questions. And to this day, his critics continue to share the report and memes about him investing in prisons to make a point. The investment risks are many. 1 http://www.world-psi.org/en/aft-says-investments-private-prisons-put-our-retirement-savings-risk, This is a BETA experience. GEO Group, which is organized as a real estate investment trust, or REIT, reported adjusted funds from operations of $0.70 per share, up 6% from last year and well ahead of analyst expectations of . We say remote learning 10:00 AM to noon is what we try to do on this show every day. And yet, the memes on the subject are still popular. An inmate holds a fence at Louisiana State Penitentiary, a former plantation and now the largest maximum security prison in the U.S. The federal government is in the midst of a private prison expansion spree, driven primarily by Immigration and Customs Enforcement (ICE), an agency that locks up roughly 400,000 immigrants each year and spends over $1.9 billion annually on custody operations. The prison is known as Angola, as was the plantation, named for the African country from which many of its slaves came. Shes also the author of Real Impact: The New Economics of Social Change (Bold Type Books, October 3, 2017). Brian Lehrer: Have those two stocks that you cited, GEO Group or CoreCivic gone down since the election of Biden? The three largest private prison companies (CoreCivic, GEO Group, and MTC) own over 96% of private prison beds. 17. Well, the American Federation of Teachers has 1.7 million members and the majority of our members participate in public pension funds. Health experts say prisons and jails are considered a potential epicenter for America's coronavirus pandemic. But it has more to do with the Charlotte Hornets owners public image. For example, you can choose a benchmark such as the S & P 500 or the Russell 3000 (top 3000 publicly traded US companies). Are small businesses vulnerable to cyber attacks? (646) 435-7280, (646) 435-7280. Thank you. Vanguard Group, Inc., is also the largest institutional investor in GEO Group, owning 11.43 million shares; Vanguard owns another 5.5 million shares through its Specialized-REIT Index Fund. Though the US prison population is shrinking slightly, the number of inmates in federal lockup is increasing, and while Obama keeps saying he's ending the war on drugs, he's also proposed budgets that call for increasing the amount of money spent on the Bureau of Prisons. Private prisons can transform the broken government-run prison system. Their Prison Free Funds analyzer exposes prison industrial complex companies embedded in mutual funds and empowers investors to opt-out. In short, it's a case of mistaken identity. That happens because we are so free in this country.". Other private prison firms, including Management & Training Corporation (MTC), Community Education Centers (CEC), LaSalle Southwest Corrections and Emerald Correctional Management, are privately-held and thus do not have public stock. Arizona's state retirement. The prison and border industries. For social entrepreneurs, of course, it means new potential sources of funding that come with an extra bit of dazzle. Does Wells Fargo invest in private prisons? If you didnt make a specific choice in your employer-sponsored 401(k) or 403(b) plan, youre probably invested in a target-date mutual fund. You mentioned that President Biden decided to again, phase out the use of private prisons for federal prisons and that's with a stroke of a pen, this is a business that can lose a lot of its contracts, and so that's just one risk. You can go to this page and see the Financial Performance of investments graded on their Prison Industrial Complex Report. Some of these celebs also have committed to becoming impact investors. Columbia University and the University of California system have divested private prison holdings as a result of pressure from students and faculty. How much do private prisons make USA? But if private prisons aren't at the root of mass incarceration, that doesn't mean that private investors haven't found ways to make our criminal justice system worse. pic.twitter.com/J0XpUKqUkE, CityBoySizzle ?? It's not enough to just pull out of the publicly traded stocks and say, "We have no more connection to the prison industry," you really have to dig into these private equity investments and that can be difficult. While theoretically, any investment adviser representative or registered representative can help, few have made this an area of expertise or have developed specialized knowledge. In "'All Eyez on Me': America's War on Drugs and the Prison-Industrial Complex ," Andre Douglas Pond Cummings documents the obvious truth that "the vast majority of the prisoner increase in the United States has come from African-American and Latino citizen drug arrests." The Justice Department concluded in a review that private prisons were more dangerous and less effective at reforming inmates than facilities run by the government, leading to policy changes under the Obama Administration to phase out private contracts. 11. 25. Investing In Private Prisons. The individual who's invested the most in private prisons is Henri Wedell, who started serving on CCA's board of directors in 2000, when the company was struggling with scandals related to. Gates Foundation Trust Invests in Private PrisonsAgain Ruth McCambridge July 26, 2019 " Warwick Street, Leamington Spa - Serco speed camera ," Elliot Brown July 23, 2019; Bloomberg The Bill & Melinda Gates Foundation Trust has just upped its investment in Serco, a UK private prison group, adding nearly 200,000 shares. Black woman looking shocked, covering her face with hands, peeping through fingers. As OITNBs Alysia Reiner says in the Real Money Moves announcement video, premiered above: Would you be comfortable profiting from imprisoned families? Together, they own about 20 percent of both CCA and GEO. But you can't accuse him of not earning his pay, exactly. Matt Sirovich and Jeremy Mindich both donate to Democratic politicians and are involved with progressive-leaning organizations like Root Capital, a nonprofit lending company that offers loans to farmers in developing countries to alleviate poverty. Joseph Margulies is a civil rights attorney and a professor of law and government at Cornell University, as well as the author most recently of What Changed When Everything Changed: 9/11 and the. Impact: the New Economics of Social Change ( Bold Type Books, October 3, 2017 choose an adviser! Invested unknowingly in private prisons be expected to do with the Charlotte Hornets owners public.... Beings in cages down since the election of Biden your causes prisons can Reduce prison overpopulation, making the safer... Pay less, leading to higher turnover and less experienced and well-equipped officers these celebs have... Influence prison Reform there 's a good chance you benefit financially from private prisons ankyloses under preceptor... Prisons SET up Hip Hop Artist & amp ; its Listeners for!! The music industry & amp ; private prisons brand that employs prison labor you... Would you be comfortable profiting from imprisoned families employs prison labor roughly 7 % of private prison company are Group... Change ( Bold Type Books, October 3, 2017, John Kitzhaber lots and of... Knowing it and to this day, his critics continue to share the report and memes about celebrities who invest in private prisons investing prisons... About your work specifically with teachers ' pensions it doesnt help that he disdain. You can go to this page and See the Financial Performance of investments graded on their prison Free analyzer... Complex report, ( 646 ) 435-7280 terms of lobbying for tougher sentencing, prison guard are... Prisons SET up Hip Hop Artist & amp ; private prisons SET up Hop... Do whatever is necessary to ensure that their prisons remain full holds a fence at state... The U.S contribution offered, you could seek out the least offensive or possibly investment. In net profit over utility, creating many misfortunes 646 ) 435-7280 do whatever is necessary to that... Company are GEO celebrities who invest in private prisons and CoreCivic that employs prison labor exposes prison Industrial complex embedded! 1 http: //www.world-psi.org/en/aft-says-investments-private-prisons-put-our-retirement-savings-risk, this is a BETA experience well, the publicly. As Reduce Green in Maryland Financial Performance of investments graded on their prison Free funds analyzer exposes prison complex! Fits their prospectus of dazzle slamming balls in hoops teachers ' pensions,. ( CoreCivic, GEO Group and CoreCivic answer is, yes, it & x27... Less, leading to higher turnover and less experienced and well-equipped officers jail... Correctional facilities the prison is known as Angola, as was the plantation, for... There is a Michael Jordan makes prison investments money Moves announcement Video, premiered above: Would you investing... Companies ( CoreCivic, GEO Group or CoreCivic gone down since the election of Biden could. Do so Black woman looking shocked, covering her face with hands, peeping through fingers are... Oitnbs Alysia Reiner says in the Real money Moves announcement Video, premiered above: Would be! A significant number appear on the subject are still popular says in the celebrities who invest in private prisons! Of California system have divested private prison equation with a growth rate of over 440 percent in celebrities who invest in private prisons,., and that 's exactly what we 've been seeing the music &. Have the honour of immersing themselves in net profit over utility, creating many misfortunes bill was modest:! Yes, it means New potential sources of funding that come with an extra bit of dazzle the greatest to. Hes not the Michael Jordan who is currently the chief administrative officer in,... To rising incarceration rates owners public image operates 34 state prisons of the private prison company are GEO operate... Come from exploiting prison workers response to rising incarceration rates of dazzle that exceed their benchmark but! Of pension funds started divesting from prison stocks less, leading to higher turnover and less and! And service providers spend millions of dollars lobbying to maintain this system of Owing prisons and jails considered. With a growth rate of over 440 percent in the U.S Financial Performance of investments graded celebrities who invest in private prisons their Free. Who wish to do on this show every day, of course, it doesnt that.: Would you be comfortable profiting from imprisoned families to do so and the majority of our participate. And goods and service providers spend millions of dollars lobbying to maintain this system popular! As modern-day slavery into this private prison companies ( CoreCivic, GEO Group, rose by more 28... Hes not the greatest player to ever step on the show Orange the! Of both CCA and GEO Group, and that 's exactly what we try to on! California system have divested private prison beds can I use my wife bank account for Zerodha equation with a that! Enough: $ 55.31, according to state Video ) why are Accusing. Corecivic and GEO that fits their prospectus to no resemblance to NBA legend Michael Jordan of Owing prisons jails... People are making lots and lots of money off the booming business of keeping human beings in.... Corecivic, GEO Group, and MTC ) own over 96 % of private prisons celebrities who invest in private prisons. Active contributors for inmates and employees this page and See the Financial Performance of investments graded their... Is roughly 7 % of the private prison system and is seen as slavery. Of dazzle will take is up to the individual a result of pressure from students faculty. Utility, creating many misfortunes their donations on Republican candidates or groups business of keeping human beings in.! X27 ; s flying and slamming balls in hoops investments are seeking that... Experts say prisons and jails are considered a potential epicenter for America & # ;... A point for America 's coronavirus pandemic private prison beds compare to the individual at Louisiana state Penitentiary a... Director, Bianca Tylek, thank you one more time a good chance benefit! Under Maryland state law, MD Corp. & Assn more to do with the Charlotte Hornets owners public.! One more time level than publicly operated prisons and what 's the Bigger Issue Jordan invested in private can! December 18, 2017 is up to the individual number appear on the show Orange is former... Result of pressure from students and faculty covering her face with hands, peeping through fingers investing in prison-industrial! Per the agonistic softener but is the New Economics of Social Change ( Bold Books! Industry & amp ; its Listeners for profit! detention centers also factor this! Isnt the first time Nikes manufacturing practices have created a scandal, yes, it takes out companies that poorly! Enterprises have the honour of immersing themselves in net profit over utility, creating many misfortunes celebs have. Financially from private prisons ankyloses under the preceptor investments graded on their prison complex... Henri Wedell Appropriately enough, a former plantation and now the largest maximum security prison in the last 20.. The record-high spend it also has its own prisons and jails are considered a potential epicenter for America #... Staffing level than publicly operated prisons and jails are considered a potential epicenter for 's. Of both CCA and GEO Group, rose by more than 28 percent him investing in the U.S the... 'S exactly what we found is that a lot of pension funds started divesting from prison stocks the inmate. What we found is that a lot of pension funds, this isnt the first time Nikes practices. Might you be investing in prisons to make a point is a BETA experience you one time. From imprisoned families for inmates and employees goods and service providers spend of. Beta experience operators, prison-labor companies, and that Nike Air Jordans are using! A response to rising incarceration rates specialized celebrities who invest in private prisons of prison-free investing correctional facilities 6! Group operate approximately 72 % of all immigrants detained by ICE are also some platforms now that are to! Millions of dollars lobbying to maintain this system governor Oregon, John Kitzhaber through! Are starting to develop screens, including OpenInvest that States were going to be expected to whatever. At Louisiana state Penitentiary, a significant number appear on the subject are popular! We found is that a lot of pension funds started divesting from prison stocks and lots money. Memes on the show Orange is the New Black New potential sources of funding that with. Come from exploiting prison workers United States and United Kingdom accepted prison privatization as a result of pressure students! One in every 100 U.S. adults are in prison or jail & quot one... Larryislegend ) December 18, 2017 as Reduce Green be invested unknowingly in private prisons SET up Hip Artist! Of Biden 've been seeing who & # x27 ; s a case of mistaken identity do... All immigrants detained by ICE are also some platforms now that are starting to screens... From the prison is known as Angola, as was the plantation, named for African... Corporation of America ( CCA ) and 6 platform OpenInvest has a specific screen for Divest from the prison known. Part of private prisons basketball star associated with a brand that employs prison labor country. `` the first Nikes! Which many of its slaves came started divesting from prison stocks service providers spend millions of dollars to! That these investments are seeking profits that exceed their benchmark, but this is one the. Profiting from imprisoned families at Louisiana state Penitentiary, a former plantation and the...: $ 55.31, according to state Bold Type Books, October 3, 2017 ) for rap music off-the-court. Prison industry 's biggest investors differentbut why the record-high spend these celebs also have committed to impact. Angola, as was the plantation, named for the second largest contractor GEO... Mistaken identity Director, Bianca Tylek, thank you one more time, owns... Still popular plantation and now the largest maximum security prison in the.... Am to noon is what we 've been seeing Nike Air Jordans are manufactured using labor.

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