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Descrição do livro

What happens when incarceration becomes a contracted revenue stream?

Wall Street’s Penal System examines the business architecture behind America’s private-prison and immigration-detention system: occupancy guarantees, per-diem pricing, fixed-capacity payments, facility financing, political influence, institutional ownership, and the economic incentives created when governments outsource confinement.

Drawing on government audits, corporate filings, contracts, peer-reviewed research, court records, and documented corruption cases, Antonios Valamontes traces how private correctional capacity expanded alongside the era of mass incarceration—and how contractual structures can shift financial risk from private operators to taxpayers.

The book separates what can be proven from what is merely alleged. It distinguishes ordinary lobbying from corruption, shareholder ownership from corporate control, and the historical causes of mass incarceration from the narrower question of whether privatized capacity can influence decisions at the margin.

Among the issues examined are occupancy guarantees, CoreCivic and GEO Group, immigration detention, state contracting in Arizona, Colorado, California, and Washington, institutional investors, lobbying expenditures, sentencing and time-served research, and the economics of idle prison capacity.

The central question is not whether private prisons created mass incarceration. It is more precise:

What incentives arise when incarceration capacity must generate revenue—and who bears the cost when the beds are empty?

Número de páginas :194
Encadernação Wall Street’s Penal System: Private Prisons Need Occupancy (English Edition):Kindle
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