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pecosbob

(7,543 posts)
Sun Jun 30, 2019, 10:23 AM Jun 2019

The Violent Water Market in Puebla

'The Devious Ways One Water Company Is Profiting From Poor Mexicans'

https://truthout.org/articles/the-devious-ways-one-water-company-is-profiting-from-poor-mexicans/

Water is becoming a coveted currency. As a basic need that is increasingly scarce in some regions due to climate disruption and abusive industrial and agricultural practices, it is the new gold that the wealthy want to get their hands on. Companies like Nestlé and even drug gangs in Mexico are harnessing the profit and power potential of water, with trails of violence and corruption left in their wake.


In many regions of the world, water is becoming a scarce commodity that is bought, sold and fought over. “Whoever controls the water controls everything. It is more important than petroleum,” Argelia Arriaga Garcia, a historian and water activist, told me as we drove to visit various communities harmed by Agua de Puebla measures.

By 2030, the global demand for water will be 40 percent higher than today, and water supplies will diminish, according to the Water Resources Group. Some 2.1 billion people already lack immediate access to clean drinking water, and most countries are experiencing some kind of water stress — from water scarcity to drought concerns or contaminated piped water.

But business people who live for wealth accumulation only see market opportunity. Once they control the resource that life depends upon, they have leverage with the multinationals who use a lot of water in their manufacturing processes and with politicians who are bribed by those multinationals.


read more at https://truthout.org/articles/the-devious-ways-one-water-company-is-profiting-from-poor-mexicans/

Nestle is rapidly overtaking Monsanto on my disfavored corporate entity list...for the day when the pitchforks come out again.
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