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Soleron said:
numonex said:

The world's population continues to grow exponentially. Water has a price and the free markets should determine the price of water. Private enterprise can supply drinking water: bottled water sells well to consumers all over the world.

Bottled water is a serious environmental hazard. It's also overpriced by several hundred times compared to tap water. That's your model for efficiency?

Private enterprises can regulate themselves without government intervention. Suppliers of water private enterprise can efficiently deliver water to buyers/consumers at the right price. There is no such thing as a free lunch. If you want water you pay for it.

You can't have more than one water pipe. If you have water wholesalers, it will be like the UK (btw I live here, this is the reality) where once one utility raises a price they all follow suit within days and act as a cartel. Since privatisation the maintencence of supplies and pipes has decreased (Thames Water's network is in a dreadful state with leaks and shortages), prices have increased well above inflation, there is zero competition in many areas, government subsidy of water companies is now higher than the supply cost of the water, and profit margins/executive pay is very large.


Please show how water can be more efficiently provided as a market than as a nationalised resource. Feel free to use examples of countries with a privatised water system and show how much cheaper it is and how maintenence is better and how compettion works.

Water privatisation worked effectively under Margaret Thatcher and Conservative governments. Water was sold off and private companies competed and delivered water to private consumers effectively. Water has a price and the free market system can deliver water. Water prices are determined by supply and demand. 

Privatisation is always more efficient than any Government monopoly. More competition, more choice for consumers and freedom. Private corporations make lots of profits out of selling water to consumers. Most people are better off with privatisation and that is a simple fact. 

Telephone services and electricity are better in the hands of private companies delivering services to consumers at the market price. Same applies to water: supply and demand determines water prices on a free market system. Producers/suppliers are happy and consumers are happy when they buy water from private enterprises.

So what the Socialists/Communists complained about water being privatised. There is no such thing as a free lunch. The same principle applies to water supplies. Everything has a price and is up for sale. Economics is basic logic, it is not rocket science.

What I am saying is logical and right. The emphasis is on you to disprove my economic explanation that is based on logic. 

Let's say a bottle of coke at the supermarket. You pay the price at the check out and the coke is now yours to consume. The same principle should apply to all water supplies. If you want water you must pay for it. The free market should determine the price of water. Supplier sends you a bill for water and you pay your water bill.  That sounds like a fair deal.