) [Video File][06 Min 16 Sec]. View Segment 8 Only.Read the journal article Information Asymmetry in Private Prison Management: Monitoring and Oversight as the Basis for Private Prison Legitimacy (Links to an external site.) to gain more information to help address the discussion prompt below.After reading the assignments and lectures, listening to the audio and PowerPoint presentations, and viewing the video and article above, you have a better understanding of the issues surrounding the privatization of prisons and jails. For this discussion, address the following topic:You have owned a private security firm for 15 years. You are now interested in branching out and creating a private prison. Create a pro and con list for taking this step. Then discuss what obstacles you potentially will face and what benefits you would glean from this endeavor.After your initial post, read and reply to at least TWO other postings made by your classmates with substantial responses that further the discussions. Remember to read and reply to questions from your instructor.Keep the following in mind when making your posts to the discussion area:Did you complete all of the elements required in your initial discussion post?Did you respond to the initial posts of at least two of your fellow students?Did you acknowledge those who responded to you, including questions from your instructor?Were all of your posts made on time? That is, was your initial post made before Midnight Eastern Time on Thursday, and were your follow-up posts made before Midnight Eastern Time on Sunday.Consult the Discussion Posting Guide for information about writing your discussion posts. It is recommended that you write your post in a document first. Check your work and correct any spelling or grammatical errors.This is a “post first” discussion forum, which means you must submit your initial post before you can view other students’ posts.When you are ready to make your initial post, click on “Reply.” Then copy/paste the text into the message field, and click “Post Reply.” To respond to a peer, click “Reply” beneath her or his post and continue as with an initial post.EvaluationThis discussion will be graded using the SPS Default Discussion Rubric. Please review this rubric, located on the Rubrics page within the Start Here module of the course, prior to beginning your work to ensure your participation meets the criteria in place for this discussion. All discussions combined are worth 20% of your final course grade.Reading Material:https://bjs.ojp.gov/library/publications/correctional-populations-united-states-2015Module 7: Module Notes: Prisons and JailsPlease listen to the audio lecture [Audio file][03 Min 34 Sec] for Module 7.(Audio reading of Module Notes text) https://excelsior.instructure.com/courses/26070/files/13105745/download?wrap=1 As you begin your studies of prisons and jails, you realize the important role public perception plays in public policies and how the era of rehabilitation has now moved to an era of “just desserts.” The effects of the just desserts model are evident in the many critical issues facing both prisons and jails today and in the future.A very important point to gain from this module is that, although the official crime rate (1991-2009) has dropped by 44%, the imprisonment rate for this same time period has increased by 70%. Thus, crime control proponents argue that crime rate decreases are attributable, in part, to taking the bad apples, who repeatedly commit most of the crimes, off the streets. Further, as you study Chapter 11, you see that there are many other historical factors that contribute to the high imprisonment rate. Added to these factors are the disturbingly similar common denominators shared by many of today’s inmates, such as being poorly educated and often illiterate, drug addiction and abuse, few if any marketable job skills and poor work histories, and many possessing mental illness issues. As you ponder these factors, also consider the recurring issue of the cost of incarcerating million in prisons, which in 2014 cost approximately 83 billion dollars.Of equal importance, also consider the issues of disproportionality within our prisons regarding race, gender, and type of offense. You have learned the vagaries of sentencing practices in state and federal courts, the effects of mandatory sentencing, and “three strikes and you’re out” policies. Now, you evaluate the final results, most notably overcrowding and costly incarceration.In response to these issues, you evaluate the strategies of collective and selective incapacitation. Additionally, you discover the importance of appropriate inmate classification, increased purposes and uses of jail populations, the gender specific issues arising from the increased number of females being held in jails, the rise of direct-supervision jails, regionalization, and the future of private prisons.