The Next Big Thing In Industry: Water Profiteering

Executive Director of Food & Water Watch Wenonah Hauter. Photo retrieved from: www.foodandwaterwatch.org

“My colleague, Anil Naidoo from the Council of Canadians, and I were invited to the meeting to debate the libertarian economist David Zetland and William Muhairwe, managing director of Uganda’s national water company. Both Zetland and Muhairwe are big proponents of full-cost pricing and dismissive of the government’s role in providing water.

Some may wonder why Anil and I would go there to debate, especially when the audience was comprised of people employed in the water industry. The truth is that there is no better place to really figure out what they are up to. An hour debate was a small price to pay for free entrance to the $2,500.00 event that gave us real insight into the newest plans of the global water cartel.

The conference started on a sour note with a keynote address from Michel Camdessus, former Managing Director of the IMF. Camdessus is one of the masterminds behind the scheme to force the 1.44 billion people who make $1.25 a day to pay for the full cost of water. It was also disappointing that Kofi Annan appears to be running interference for the water corporations, basically saying in his speech that the time for protest is over and that we all need to get along.

One of the most distasteful moments of the conference, which was held in a Five Star hotel in Berlin, was when Sanjay Bhatnagar, CEO of WaterHealth International, took the mic to brag about how his investors were making piles of money selling water in villages in Africa and India. WaterHealth issues smart cards that are used to fill jugs with water—a 21st century “innovation” for redistributing wealth from the poor in the developing world to the “global investors” of the company.”

Read more: Food & Water Watch

 

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