Nestle CEO: Water Shouldn’t Be A Right, Organic Food Will Kill You, And Nature Sucks

[Cyberman]

Well, privatizations are done by governments for public benefit. Say, an institution does not generate money, and is siphoning off of the national wealth, there might be a point in priviatizing it,

Utter cobblers. We in the UK had major chunks of our service and utility institutions sold off to private corporations in the eighties and nineties. Almost immediately the cost to the public purse went into orbit; firstly from all the sweeteners to make them more attractive to prospective buyers and shareholders, since many of them were deliberately being run into the ground to justify selling them off in the first place, then from all the subsidies to give them unfair marketplace advantage - not to mention all the tax breaks and 'creative accounting'.

but crucial sources like water...
Where is the public benefit in that?
I know that private corporations see benefit in it, but their opinions don't matter in this, the real thing is, how will society benefit from this privatization both in short and long term?
I

There is no public benefit and just as with the other fine examples of privatisation society can only suffer increasingly in the short and long term.

If this water privatisation does go ahead, expect massive water bills and shortages due to dry reservoirs by this time next year.