Re:How can minorities of regular individuals overturn social...
by 3729426s73 on Wednesday February 16, 2022 @01:37PM
(#30363847)
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.
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Re:How can minorities of regular individuals overturn social...
by lalaland1125 on Wednesday February 16, 2022 @01:42PM
(#30363922)
> 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
Re:How can minorities of regular individuals overturn social...
by mc32 on Wednesday February 16, 2022 @01:53PM
(#30364064)
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.
Re:How can minorities of regular individuals overturn social...
by lalaland1125 on Wednesday February 16, 2022 @05:53PM
(#30366971)
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...
Re:How can minorities of regular individuals overturn social...
by 3729426s73 on Wednesday February 16, 2022 @01:47PM
(#30363979)
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.
Re:How can minorities of regular individuals overturn social...
by HWR_14 on Wednesday February 16, 2022 @10:05PM
(#30369081)
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"