prison systems

[walrus]

How about financial crimes. I see a London trader was sentenced to 14 years in prison for trying to rig benchmark interest rates, it made the FrontPage of the wall street journal. I have a hard time seeing people get long sentences for financial crimes. Even Bernie Madoff. Life in jail, no parole for financial crimes. Seems intense. I just can't see taking someone's life for money. I know a lot of people disagree with me on that one.

There are no punishments for financial crimes. All you get is a fall guy like in the case of this guy. The system is rigged. Mass looting of the general public is par for the course so no need to do anything about that. Prisons are for poor people who steal things like chocolate bars.

When it comes to prison I think most of the people in prison should not be there. The system is for profit and so there is a lot of money in crowded prisons. Take away the profit motive and the budgets for the war on people (poverty, drugs, etc) and you will see emptier prisons. There is a very low prison population here and a safe society. No need for prison most of the time.

Well Miles, federal prisons in the US have a large population of inside traders, Linux schemers and the like. Can't speak much on your country. I think lack of immigration plays a part in South Korea's low crime but I'm sure corruption is rampant if you look close enough. How many people does south Korea have locked up

Actually I looked it up. South Korea locks up 104 per 100,000. With an inmate population that is 2.3 percent foreign. You have about 52 prisons running at 110% occupancy. So relatively low but no nirvana.