3 ms·
This is fully detached from mainstream economic theory. Barring a few rural agriculturalists, people below the poverty line don’t make a dent in overall water u
by wswope 4y ago
This is fully detached from mainstream economic theory. Barring a few rural agriculturalists, people below the poverty line don’t make a dent in overall water usage - a small handful of wealthy individuals and organizations use the vast majority of water. Pricing water appropriately benefits those poor, rural agriculturalists in the long run too, as appropriate rationing means they don’t have to compete with their wealthier neighbors in a race-to-the-bottom arms war, drilling ever deeper into depleted aquifers and purchasing potable water for drinking.
Not to mention the bandaid solution of subsidizing water only up to, e.g., the first thousand gallons per resident per month.