World Bank - Making it illegal to collect rainwater

jwraysays...

Since water utilities cannot meaningfully compete with each other because of the underlying infrastructure, the only reasonable option is public control of water utilities. Deregulation has no potential for benefit when there is no feasable way for free competition to occur in that niche.

Bidoulerouxsays...

>> ^jwray:
Since water utilities cannot meaningfully compete with each other because of the underlying infrastructure, the only reasonable option is public control of water utilities. Deregulation has no potential for benefit when there is no feasable way for free competition to occur in that niche.


Surely they didn't think of that! Or else they would be Evil! Imagine that! They're only poor capitalist trying to make a buck! Nothing wrong with that, right?

When will you people realize that ALL access to resources are few and that the difference between a monopoly/oligarchy and a "free market" is only one of degree, not quantity? For example, De Beers can control the whole diamond market even though it's one of the most common of the "precious" minerals, mined in countries as different as Russia, Australia, Botswana and Congo.

Also, your argument per se is totally bogus: while there is only one telephone line to your house, you can choose which provider to use. Same thing with cable. And power lines (in the U.S.A. at least). Etc. They could have opened-up the market, but then they wouldn't have had fat bank deposits/high paying jobs waiting for them at the end of their terms.

10302says...

Bidouleroux - I have to say that it is indeed you that has a totally bogus argument. Electrical signals in wires and water flowing though a pipe do not operate on the same principle.

With water, like with telecom and power systems, a single infrastructure is the only practical solution. However, different water providers operating on the same grid can not work because while people may pay differing amounts for water of varying quality, when mixed in a pipe, every gets the same quality water in the end and you no longer got what you paid for. If you neighbor is poor and can only afford water with fecal matter in it, guess what, you are getting fecal matter too. If you have HDTV and your neighbor doesn't, the fact that his/her cable signal is passing along the same wire as yours doesn't not diminish the quality of either signal.

At the same time, the free-market is a fine solution when the item in question is not necessary for the basic survival of a human being! We can all survive without a telephone, internet, cable tv and even electricity. People did for thousands of years. People can not survive with access to clean drinking water. Hence, something like water, that must be of a high quality, must always be publicly owned and administered in order for the public to ensure its quality and access. It's not a monopoly if the "mono" in question is everyone.

As a teacher of economics, I find the the free-market to be the most misunderstood and widely misused idea I have ever come across. Like I said before, it is a fine solution when the item in question is not necessary for the basic survival of a human being. The result of not understanding such limits of the free-market will ultimately cause the disastrous application of it to situations like that in Bolivia and dozens of other nations. The free-market is a tool, and like any tool, it is not the best solution for every problem.

10302says...

"The free-market is a veritable Swiss Army knife compared to the sledgehammer of bureaucracy." - Quantumushroom

Even a sledgehammer has a purpose and there are plenty of instances when it is the better tool for a job than a Swiss Army knife. It all depends what you want to do.

MaxWildersays...

The argument for privatized utilities is really irrelevant here compared to the amazing atrocity that is highlighted in the title. Illegal to collect rainwater? That sounds too evil to be true. Does anybody have a source for a counter-argument?

10148says...

Crazy clip, saw the vid.
Kerotan, your gov already has slaves. The prison population is a privatized entity and its per market share is directly affected by the size of the prison population. Next to free labor is provided by the prisons, mostly owned by one large company. Welcome to free-market slavery.

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