Nestle is closing in on privatized water in Oregon.

Basically, let the rich mega corporation tap into a public good so they can make zillions of dollars over it while we get next to nothing in return. Sort of like letting them build oil pipelines across the country. It benefits the people to almost no extent whatsoever while putting that much more money in the pockets of the ultra rich and allowing them to use something that belongs to all of us to do so. That either sits right with you or it doesn't.

Nestlé currently controls more than 70 of the world's bottled water brands, among them Perrier, San Pellegrino and Vittel. Nestlé's annual sales of bottled water alone total some CHF 10 billion.

You just want to say, 'sure they can come in and take a bunch of our water, for next to nothing, why not?'

In case you hadn't noticed water is becoming an increasingly important resource. What happens 20 years down the line when we are in a situation where the population has grown significantly and we are in a drought, and nestle just owns this huge amount of water we gave them for no reason?

In countries such as Pakistan where the public water supply has failed or is close to collapse, the company proudly presents its bottled water as a safe health-enhancing alternative. But for the overwhelming majority of consumers, it is an expensive out-of-reach alternative. In Lagos, for example, the mega metropolis of Nigeria/Africa with its population of millions, water always comes at a price. The scenario of a city in which everyone has to pay for life-giving water, is already a sad reality in Lagos. Families eking out an existence in the slums spend half their meagre budget on canisters of water. The upper class? They purchase Nestlé Pure Life.

This is obviously the long term solution to 3rd world water shortage. Let the free market have at it, clearly they will cater to the needs of the penniless 1/3 of the world who will be better off for it. Or wait, no they will take their groundwater and riverwater, contaminate the sites, and bottle it and sell it to those who can afford to pay while leaving the poor behind.

/r/oregon Thread Parent Link - americablog.com