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Advantages Of Privatization Of Water

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Introduction
The case discussed in this paper is that of whether water should be privatized or be a public asset. Nestle’s chairman and former CEO Peter Brabeck states that water is not a right and it should be privatized as it is raw materials.
Water is needed for everything, and all human beings and animals need it in order to live. Privatizing water is just another way of stealing. Water cannot be privatized and owned by private corporations whose only concern is to increase their profits.
Counterarguments
There are several counterarguments from proponents of privatization of water. The proponents of water privatization state that by having the private sector in charge of the distribution would make the process more efficient than the public sector doing so. There’s no specific study and this cannot be predicted accurately as this has not happened previously. However, the distribution system has already been set up by the public sector and also the public sector has been handling the operations for years which equates to more experience in the field than other private companies would have.
Another argument proponents of water privatization have is that they believe that it would cost less if the private sector took charge of the distribution of water. There’s a wrong idea that shifting the burden from the public sector to the private sector taxpayers would pay less as the company would repair, maintain and upgrade the infrastructure. However, that is not the case. For

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