As #Alabama moves forward with identifying funding sources to expand mass incarceration, communities and investors will continue organizing to kill the proposed prison project for good. #AbolishPrisons
Today, 50+ organizations from #Alabama & across the country join @CommsNotPrisons & Investors @4decarceration in resisting #Alabama’s efforts to move forward with a new $1.3 billion prison construction project using $400 million in #COVID19 relief funds https://t.co/5hDthJvEGH
Investor Circle Toward Decarceration is also organizing colleagues in capital markets (investment banks, asset managers, counsel, advisors & investors) to dissociate themselves from any “opportunity” to underwrite or finance prison growth. Sign on: https://t.co/KO6ykYkIux
The criminal legal industry is reliant on perverse economic incentives. Investors have a unique and important ability to disrupt this financing and affect the growth of mass incarceration in deep partnership with our local partners led by systems impacted communities.
As investors, we often don't know that we have financed the growth of the criminal legal system across multiple asset classes. That's where we come in... We educate eachother and activate together to stop prison growth and begin to repair harm.
We are The Investor Circle toward Decarceration. We educate and activate investors to stop the growth of mass incarceration. Join us by taking our pledge at https://t.co/MZ2kvn6xeC!