It's only refunded (minus fees) if you have thousands of dollars lying around. Poor people don't have that. They have to use a bail bond company, which means paying large sums of money they will never get back. Many poor people can't even afford to use a bail bond company and have to stay in jail, or plead guilty to a crime they didn't commit.

> which means paying large sums of money

And in the wonderful cycle of capitalism, that money is then used to fund ballot propositions to keep cash bail in place

Is that due to simple usury or due to cost of risk? In other words, if enough of the bailed pop. skips bail (complete loss for bondsman), that money has to come from somewhere --and that somewhere may be both honest and dishonest criminals as well as innocent suspects.

It's a mix of both.

The bail bond industry (like most "vice" industries) has much higher profit margins than comparable insurance companies: https://www.theatlantic.com/business/archive/2017/05/bail-bo...

I would say it's statism or cronyism rather than capitalism. It doesn't have anything to do with ownership of the means of production.

It's quite literally ownership of assets being leveraged to make more money. It's as indelibly tied to capitalism as any other type of loan.

Unless you meant "cash bail" and not "bail bonds"

I feel like ignoring that a vast majority of American people live paycheck to paycheck and then pretending people have “refundable deposit” cash piles sitting around is either incredibly disingenuous or the first time you’ve ever thought about poverty

The "losing large sums of money" was in reference to taking out a loan to pay the money, they are expensive. I feel like that was pretty clear in my comment.

In practice most people are forced to use bail bonds. If your cash bail is set to $150k, you're going to go to a bail bondsman and pay them $15k instead (and lose that 15k forever).

Cash bail is a monstrous creation.

sure, except most people don't have enough money for bail lying around, most can't afford a $400 emergency. So that bail money comes from their family rent / food money. That or they just sit in prison, and lose their jobs. So they may have all charges dropped but still end up financially devastated due to bail.