And the stock prices of publicly traded companies that build and operate prisons are on the rise. So what happens when these stocks stop reflecting a "growth company" and become a value stock? Well it’s obvious, incarsurate more people..
PrisonSucks.com: Research on the prison industrial complex U.S. incarceration rates by race, June 30, 2004: * Whites: 393 per 100,000 * Latinos: 957 per 100,000 * Blacks: 2,531 per 100,000 Gender is an important "filter" on the who goes to prison or jail, June 30, 2004: * Females: 123 per 100,000 * Males: 1,348 per 100,000 Look at just the males by race, and the incarceration rates become even more frightening, June 30, 2004: * White males: 717 per 100,000 * Latino males: 1,717 per 100,000 * Black males: 4,919 per 100,000 If you look at males aged 25-29 and by race, you can see what is going on even clearer, June 30, 2004: * For White males ages 25-29: 1,666 per 100,000. * For Latino males ages 25-29: 3,606 per 100,000. * For Black males ages 25-29: 12,603 per 100,000. (That’s 12.6% of Black men in their late 20s.) Or you can make some international comparisons: South Africa under Apartheid was internationally condemned as a racist society.
* South Africa under apartheid (1993), Black males: 851 per 100,000
* U.S. under George Bush (2004), Black males: 4,919 per 100,000
What does it mean that the leader of the "free world" locks up its Black males at a rate 5.8 times higher than the most openly racist country in the world?