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Stephen Rowland's avatar

Corrections Corporation of America ( CCA ) now known as CoreCivic started out in 1983, Houston TX. For Immigration and Naturalization Services.

1986 was the beginning of mandatory drug sentencing bill that was championed by none other than Joe Biden. CoreCivic stock symbol CXW took off as an investment that could not keep up with the deluge of new inmates.

If my memory serves me correctly a number of politicians found ways to profit off of this near unlimited guarantee of new prisoners in the making.

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SuziAlkamyst's avatar

To put it very simply, as soon as things such as prisons are made profitable, which is the reality in much of the UK, there will always need to be prisoners to keep these businesses going, and if there are not enough prisoners to keep the business profitable (some of them are already on the stock market, so shareholders have to be kept happy too), then these companies will lobby government to make more human activities 'illegal' or some such, to ensure the continuation of profits. a very nasty scenario!

It's much the same with profitable 'recycling', so onwards and upwards with plastic production!, Neither an end to landfill, nor micro plastics. Plastics and Polyester being recycled into clothing are a guarantee of more micro plastics in the environment from washing the clothes. The government never has a really intelligent solution to problems, neither do they legislate intelligently.

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