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Re: Very interesting story on prisons

Posted by caraher on July 25, 2008, at 14:00:53

In reply to Very interesting story on prisons, posted by fayeroe on July 24, 2008, at 19:41:03

And don't forget that in this age of privatization, incarceration is big business.

Only tangentially related, this reminds me of a piece by an instructor at Harvard:

"One of my less affluent students, the son of a postman, asked me once for advice about a financial investment. He said his friends had told him to invest "in prisons", meaning one of the private companies winning the management contracts for correctional facilities. I told him what I thought about this recommendation; but only later, when I learnt how little he had to invest ($2,000 was his total savings), did I allow myself to think I understood the significance of his question. No amount of money may be permitted to lie idle if something may be got for nothing. The capitalist theory of life as a game disallows uncapitalised advantages."

from http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=402674


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poster:caraher thread:841843
URL: http://www.dr-bob.org/babble/poli/20080312/msgs/842001.html