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companies are buying acres of land for aquifers, lakes, water utilities etc. Corporations are once again
trying to increase their power and now doing it by owning water. The disappointing thing is that while the
corporations are buying all the water governments restrict our water supply. Yet this is not the
governments fault, many corporations with a lot of money can get by since they can damage others by
taking them to court. Once again if we let companies/corporations take more water supplies then we will
damage our society more.
Privatizing water is hard on the rest of the world because corporations usually privatize water to
benefit and get profit. It causes for the water supplies to be shorter because these corporations are
thinking about only one thing, which is money. They do not see the issue that is at hand, people cannot
get to water and the corporations taking it as their own will only benefit them not anyone else. Nestle is a
very big corporation is the United States and they own water as well. But Nestle doesnt alway operate in
the best way Nestle has extracted water from aquifers, used ridiculous money tactics and damaged
communities. For example in Colorado Nestle spent a lot of money negotiating money with another
corporation for buying land where the Arkansas river is. Many people did not not agree with this; Nestle
soon collects 650 million gallons of water from the river over the years. Nestle is definitely a threat to the
environment and water sources but Nestle isnt the only corporation there are many more doing the same
thing.
In conclusion corporations should definitely not own any more water than they already do.
Individuals shouldnt either because there is a risk they might fight or just turn into the corporations.
Anup Shah. Water and Development. globalissues.org. 6 June 2010. Global issues. 19
April 2016<http://www.globalissue.org>
Jo-Shing Yang. Wall Street Mega-Banks Are Buying Up The Worlds
Water. popularresistance.org. 26 May 2014. Popular Resistance. 19 April 2016.
<http://www.popularresistance.org>
Water Usage & Privatization. Food Empowerment Project 3 March 2013.
<http://www.foodispower.org>