Vannbevegelsen.no

Folkebevegelsen for bevaring av vann som felleseie

Susan George, Zaragoza 2008  (Lest 3062 ganger) Skriv ut

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Trude  Onsdag 15. Oktober 2008, kl. 12:40

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I.  WATER:  THE PERFECT CAPITALIST PRODUCT
 

We live in a capitalist society and water is the ideal product for capitalism.  The word “product” is used intentionally as one of the objectives of capital is to transform everything, including nature, into a commodity that can be turned into money in the marketplace.   One need not be a Marxist to see evidence of this tendency everywhere.  Water—if the market could capture it completely—would be the ideal product for reasons which illustrate perfectly classical economic theory from Adam Smith onwards. 

--Water is rare and scarce.   Although 70 percent of the earth’s surface is covered with water, virtually all of it is saltwater.  Only one percent is available fresh water; a further two percent are also fresh but locked up in the polar ice-caps or glaciers and therefore unavailable.   This resource is also growing scarcer and scarcity is the condition for putting a price on anything—abundant resources are low-cost or no-cost.   Price is a way of rationing scarce resources, so the scarcer the good, the higher the price—for classical theorists, this is the vital function of the market.       

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