Someone asked me a question on pirate position on social impact bonds that someone assumedly misread as advocating for slavery, that is prisoners would be forced into these companies on release. Perhaps we can clarify this policy, i assume it is voluntary?
“Social impact bonds are an arrangement under which a private business is assigned large randomised batches of prisoners prior to or after release and provides them with whatever reform and rehabilitation services they deem necessary to successfully reintegrate the newly released prisoners. Social impact bonds cover a diverse range of tailored services that are designed to reduce recidivism, and consequent government savings from reduced re-offending are used to pay for this service. If no improvement is made amongst their assigned batch of released prisoners, then the business receives no payment, but if recidivism is reduced and therefore the cost of law enforcement, corrective services and the crimes themselves are reduced as a result, some contractually agreed proportion of that saving is paid to the social impact bond service provider.”