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9 Industries Profiting Handsomely From America’s Prison Slaves

AFRICANGLOBE - It's no coincidence that the United States now imprisons more of its people than any other country in the world: mass incarceration has become a giant industry in the U.S., resulting in huge profits not only for private prison companies, but also, for everything from food companies and telecoms to all the businesses that are using prison labor to cut their manufacturing costs.

Private Prison Calls For 90 Percent Occupancy Guarantee

AFRICANGLOBE - As the trend toward privatizing America's prison systems continues to skyrocket, Corrections Corporation of America, the nation’s largest operator of for-profit prisons, is offering to purchase scores more facilities all across the country provided states will guarantee occupancy rates of at least 90 percent over the next 20 years.

America’s Private Prison Corporations Are Slave Traders

AFRICANGLOBE - Crime has been going down for nearly a generation, and the states have finally put the brakes on prison growth in response to the fiscal crunch. But Wall Street prison profiteers see the crisis as an opportunity.