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Water is already subject to capitalism, both in the sense that you literally pay money for it (more than industry does, note), and in the sense that wasteful an
by nshepperd 7y ago
Water is already subject to capitalism, both in the sense that you literally pay money for it (more than industry does, note), and in the sense that wasteful and profligate use of it due to lack of appreciation of its value (because its price is too low) directly damages water security, putting this "fundamental basic need" at risk.
- nickthemagicman 7y agoWater is not subject to capitalism. It's managed by policy, There's no profit motive. It is not priced too low, it is priced so that EVERYONE has access to water. Water security is not damaged. Government manages things better than capitalism does. For example the telecommunication monopolies..Capitalism can't get the INTERNET right and you want to apply that to water? Also see American the boondoggle healthcare system.... Resources having the properties of infinite demand but limited supply do not follow the normal rules of capitalism and should be regulated by policy instead. Not everything fits into the rules of capitalism, and the fact that you believe it's the solution for our most precious resource is terrifying.