“The bodies of the poor, when they are not captive, are worth little to corporations. But bodies behind bars can each generate $40,000 to $50,000 a year for corporate coffers.”December 27th, 2013
Shares in the Philadelphia-based Aramark Holdings Corp., which contracts through Aramark Correctional Services to provide the food to 600 correctional institutions across the United States, went public Thursday. The corporation, acquired in 2007 for $8.3 billion by investors that included Goldman Sachs, raised $725 million last week from the sale of the stock. It is one more sign that the business of locking up poor people in corporate America is booming.
Aramark, whose website says it provides 1 million meals a day to prisoners, does what corporations are doing throughout the society: It lavishes campaign donations on pliable politicians, who in turn hand out state and federal contracts to political contributors, as well as write laws and regulations to benefit their corporate sponsors at the expense of the poor. Aramark fires unionized workers inside prisons and jails and replaces them with underpaid, nonunionized employees. And it makes sure the food is low enough in both quality and portion to produce huge profits.
Aramark, often contracted to provide food to prisoners at about a dollar a meal, is one of numerous corporations, from phone companies to construction firms, that have found our grotesque system of mass incarceration to be very profitable. The bodies of the poor, when they are not captive, are worth little to corporations. But bodies behind bars can each generate $40,000 to $50,000 a year for corporate coffers. More than 2.2 million men and women are in prisons and jails in the U.S.
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