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New signs the tide may be shifting against water privatization

Posted by: Maven on February 20, 2010 at 9:16 am

From AlterNet:

“In the first hours of 2010, the city of Paris, whose water system has been under various forms of mixed public and private management for much of the last century, took back public control of its water utility. The decision is emblematic of changes occurring throughout the world, with the wave of utility privatizations ebbing in the face of mismanagement, dismal community relations and a rising tide of concern, in the developing world especially, about whether denial of affordable, safe water constitutes an abuse of human rights.

Despite a widespread crisis of confidence in private investment inspired both by the acknowledged failures of water privatization and by the global economic crisis, the private water industry is far from giving up the ghost. France, the nation that has promoted deregulation and privatization so strongly that this particular ideological export is known as the “French model” of water management, is still home to some of the world’s most powerful private water entities. … “

Read more from AlterNet by clicking here.

February 20, 2010 · Filed Under General Water Issues

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