@drai
From the video:
It wasn't that long ago that Americans believed water was a public good. Cities built reservoirs .. pumping stations and treatment facilities.
Not because they were profitable, mind you, but because they knew civilization collapses without sanitation
..
But starting in the 1980s, the idea financial class started circling and the narrative shifted from water a public right to water as a managed commodity
And once something becomes a commodity, it stops being guaranteed
It becomes purchaseable, speculative, rationable, and yes, controllable.
.. should make your skin crawl, because once Wall St discovers a resource, it stops being managed and becomes monetized
When wall st found mortgages we had the 2008 collapse. When wall st found health care, we got medical debt
When wall st found housing, we got build to rent suburbs and private equity landlords
When Wall St found college we got trillion dollar student loan markets..
And now wall st discovered water
https://youtu.be/OoRy0-XJUcA
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