Free Market Economics Are Failing World’s Dwindling Water Resources

Photo retrieved from: www.alternet.org

“Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a  new report .

However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste to the natural world and turning water into a commodity, activists counter.

China and India will not have enough fresh water to meet their needs before 2030, according to the “Global Water Crisis” report released this week. Well before that time, water shortages will increase conflicts and worsen instability in sub-Saharan Africa, West Asia and North Africa, it warned.”

Read more: Alternet

 

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