To: Wells Fargo, Blackrock, and Vanguard
Get more corporations to ditch private prison industry!
Scopia Capital, DSM, and Amica Mutual Insurance are all getting out of the private prison game — and leaving mass incarceration giants like the Corrections Corporation of America and the GEO Group $60 million poorer.
CCA and GEO Group own 75 percent of the nation's private prisons, and are the main drive behind the new prison-industrial complex. Sixty million isn't enough to topple them — but for an industry that's grown 1600 percent in two decades, this symbolic blow could turn into the beginning of the end.
Help turn the corner on mass incarceration in America: Call on Vanguard, Wells Fargo and Blackrock to divest from private prisons too.
CCA and GEO Group own 75 percent of the nation's private prisons, and are the main drive behind the new prison-industrial complex. Sixty million isn't enough to topple them — but for an industry that's grown 1600 percent in two decades, this symbolic blow could turn into the beginning of the end.
Help turn the corner on mass incarceration in America: Call on Vanguard, Wells Fargo and Blackrock to divest from private prisons too.
Why is this important?
Private prisons spend millions on lobbying to get more people behind bars and keep them there longer. Their facilities are rife with abuse and neglect, and horror stories cover everything from wrongful death suits to a woman forced to give birth in a toilet.