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JPMorgan Chase Is Done With Private Prisons

In a major victory for opponents of the role of banks in propping up for-profit private prison and immigrant detention companies, JPMorgan Chase announces it will no longer provide financing to them.In the Public Interest, a national anti-privatization resource center based in Oakland, reports that over 100 organizations came together to push back against #BackersofHate.

Source: Forbes

Jeremy Corbyn has called for an end to the privatization of asylum and refugee accommodation

Labour leader Jeremy Corbyn has called for an end to the privatization of asylum and refugee accommodation as he met asylum seekers in Glasgow. “I also heard of the horrors of how Serco having been changing the locks on people’s doors as they go out in order to evict them. That is inhumane and completely wrong, and I make the plea now to Serco, change your attitude and policy as of now on this matter. (…) I think outsourcing is wrong and unnecessary, and better-run by the public sector.”

Source: www.newsandstar.co.uk

    For-profit prisons are in the list of prohibited investments

    American Federation of Teachers President Randi Weingarten and Chicago Teachers Union Vice President Jesse Sharkey applaud the Chicago Teachers Pension Fund for adding for-profit prisons to their list of prohibited investments. There has been a wave of pension actions against firms seeking to profit from Trump administration’s shameful immigration and mass incarceration policies.

    Source: American Federation of Teachers

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    Investing in the crisis: Private participation in the education of Syrian refugees

    This new report, " Investing in the crisis: Private participation in the education of Syrian refugees ", by respected US academics, Assistant Professors Dr Francine Menashy and Dr Zeena Zakharia, University of Massachusetts Boston, explores the complex interrelationship between conflict and private sector participation through a case study of the education of Syrian refugees. It raises serious questions about the growing role of corporate actors and the ethical tensions between humanitarian and profit motivations to engage in this crisis.

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