Why privatisation of services can be bad

I learnt today that the privatised prison industry in the United States predicts the value of its stock, in part, based on the future school performance of African-American and Latin-American third graders.

The industry also predicts it’s future bed numbers on the number of African-American and Latin-American third-graders – apparently the ratio is that 4 out of 10 will need a prison bed in 10 years time.

I find this sad and obscene. Read more