The Staggering Scale of the Prison Industry: A $200 Billion Juggernaut
July 4, 2024
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0:47Now PlayingThe Staggering Scale of the Prison Industry: A $200 Billion Juggernaut
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as posted by the channelThe private prison industry, generating $374 million in profits, pales in comparison to the broader criminal justice system, which commands an astonishing $200 billion annually. This vast industry encompasses judicial and legal sectors, prosecution, defense, policing, and related services like commissaries and telephone calls. Remarkably, the prison system's economic footprint is only two and a half times smaller than the oil industry, revealing the immense financial stakes in mass incarceration.
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