MatthewEdwards said:Kasheem, simply look at the example of Bolivia.
We live in a two-speed world. When an entity as vital as water is privatised, one side makes vast profits out of it at the detriment of the other side.
It's called dependency theory, and it's the spanner in the works of the utopia of free market neo-liberalism.
http://en.wikipedia.org/wiki/Dependency_theory
We're not Bolivians last I checked. We have a developed market economy and the technological know how to produce their own water. Bolivia doesn't which is why it ends up being screwed by foreign companies. But do the Latin American Left have anything positive to offer? No that I can see.. there will still be people dying from dirty water.. just as long as the 'gringos' are kept out that's alright?
We don't need nationalisation... nobody except a few communist dinosaurs would preach that.
Plus, how does 'dependency theory' apply to us? We're a first world nation.. how come we have deteriorating water systems if we're the imperialists we're made out to be.
