Effects Of Privatization Of Water

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Without a doubt, water is most essential natural resource for human survival. However, over 1.2 billion people do not have adequate water for drinking. Only 3% of the world’s current supply of water is freshwater (Bozzo et al. 2009). Profit is made out of the transportation of water, leading to the destruction of ecosystems. There is a real universal scarcity of water, and the privatization of water is exacerbating the water crisis. Unless measures are taken to combat the commodification of water, it may well be the case that “the wars of the next century will be fought over water”, as warned by Ismail Serageldin.
The World Bank has advocated the privatization water and has declared it to be a solution to the worldwide water crisis. Although
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There is no evidence that the commodification of water provides people with better quality or safer water (Public Citizen 2004).
Furthermore, the privatization of water does not necessarily lead to more pure water. In fact, water quality may be decreased due to a desire for profit rather than for ensuring that people are healthy. Since corporations are primarily local monopolies, they do not face competition and thus have little motivation to provide water of the highest quality (Glennon 2005). A 1999 study showed that bottle water is in fact no safer than tap water (Public Citizen 2004). Several other studies have also shown that there is in fact no difference in the efficiency of private distribution of water, and this may also be a result of the lack of competition (Tun
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One of the most negative aspects of privatization pertains to the struggle for survival by the world’s economically disadvantaged population. With privatization, the concomitant surge in water prices is particularly threatening for the world’s poor, who are forced to such extremes as choosing between food and water. Unlike wealthy individuals, they are not always able to obtain water, causing their daily needs to be unfulfilled. At the same time, companies are profiting. This is unacceptable, as any action taken at the expense of millions of poor people is not a triumph, nor truly a part of a solution to the water crisis. Although private water corporations seek to serve themselves and not the communities they serve, supporters of water privatization believe it is the way to solve the water crisis. Proponents of privatization claim that it leads to cleaner water and greater efficiency. Nevertheless, these arguments are not substantial. Since people are often stuck with one water provider since there are no other options, and because access to water is crucial, there is no guarantee that corporations are prioritizing quality and efficiency. On the contrary, corporations probably place these two factors on the bottom of their

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