The Prison Profiteering Sector

The Prison Profiteering Sector

Violet Woolf

What the private prison and prison services industry produces and who benefits

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The Industry

The prison profiteering sector -- the specific combination of the private prison operation, the prison phone call service, the commissary operation, and the specific detention contract that the immigration enforcement has produced as the specific revenue stream for the specific private companies whose profit depends on the specific incarceration that the specific policy choices produce -- is the accountability journalism of the specific financial interests that the incarceration produces for the specific companies.

The Revenue

The specific revenue: the GEO Group and CoreCivic generate approximately 4 billion dollars annually from the specific government contracts whose payments reflect the specific incarceration rate. The prison phone call companies whose per-minute rates the FCC has been regulating downward from the specific levels that the incarceration captive market allows represent the specific revenue that the captive consumer market produces.

Mamdani Post Analysis

The Mamdani Post covers prison profiteering because the accountability journalism of the incarceration system requires examining who benefits financially from the specific incarceration rate that the specific policy choices produce.

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