“Today, the future of one of Earth’s most vital resources is being determined by those who profit from its overuse.”
“As the water crisis intensifies, governments worldwide — under pressure from multinational corporations — are advocating the commodification and mass transport of water. Proponents of water privatization say that a market system is the only way to distribute water to the world’s thirsty. But experience shows that selling water on the open market does not address the needs of poor, under-served people.
On the contrary, privatized water is delivered to those who can pay for it, such as wealthy cities and individuals, agriculture and industries. As one resident of New Mexico’s high desert observed after his community’s water was diverted for use by the high-tech industry: “Water flows uphill to money.”
In cities and towns across the Western Hemisphere, results of water privatization have been almost universal: increased prices and a concurrent loss of access to water, failed promises of infrastructure improvement, loss of indigenous peoples’ rights to water, worker layoffs, lack of information on water quality and big profits for the privatizing corporations.”