Prison industrial complex must end, business can help - Business Insider

Before the pandemic and Black Lives Matter protests, businesses weren't interested in taking a permanent stand fearing economic risks. Now is not the time for weighing economic risk or parsing profit margins. It's time for US businesses to divest from the prison system and play their part in overhaul of the justice system.

say Black people and other minorities aren't treated equally in the justice system, a high-water mark. Businesses have to now back up words of solidarity with communities of color with action.Given the scale of the system of mass incarceration and the extensive network of actors profiting from it, we will ultimately need a bold multi-pronged approach to effectively confront the prison-industrial complex.

First, we must divest by ending all financial relationships with companies that profit from or participate in the prison system. Public pension funds and university endowments must divest from companies that sell products and services to prisons. Finally, if 30 years ago, American companies could forego a foreign economic interest, they can eradicate racism and injustice at home. Every publicly traded US company should be required to adopt a form of the. While there is debate on the efficacy of social responsibility pledges, if accountability is institutionalized, good can result.

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