Who owns the water supply? Is it right that a private company will own a public resource, like drinking water? What kinds of legal structures are appropriate to own, control, and manage res publica, or public goods? A battle is coming, I am afraid, as ordinary people realize that what they had assumed was being managed on their behalf by local governments are in fact being sold to and owned by global profit-maximizing companies. Read about Nestle's efforts in this area, here at Alternet. Could social ventures, program related investments, or some new hyrid structure, help us keep and manage our water as a public trust? Who speaks for the poor who are thirsty?
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May 31, 2007
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