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Jobs, Not Prisons. Homes, Not Cells. Prosperity For All: Venture Capital Holds The Key To Solving The Prison-Industrial-Complex - Blavity

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The U.S. locks up more people per capita than any other country globally. That’s the startling statistic released in 2020 by the  Prison Policy Initiative , which revealed that roughly 2.3 million Americans are incarcerated at any given time. Yet, just as concerning as the number of people in prison is what happens to the  650,000 inmates  released each year. With some 27% of the formerly incarcerated (somehow)  surviving  without formal employment; necessities such as healthcare and housing; and even custody of their children. And without these things, staying out of prison is a battle many will lose. With direct control over investor funding, VCs are uniquely positioned to advocate for hiring practices that benefit former prisoners. But as a recent  Harvard Business Review  story asked, how are corporate DEI efforts helping the formerly incarcerated — who are disproportionately brown and Black — secure and keep jobs? One well-known remedy would be to  Ban-the-Box  and no longer...

Source: Blavity News

Amazing Grace: President Obama's Bold and Moving Speech on Race in Charleston

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