Originally published in December 2013
The current Chairman and former CEO of Nestlé, the largest producer of food products in the world, believes that the answer to global water issues is privatization. This statement is on record from the wonderful company that has peddled junk food in the Amazon, has invested money to thwart the labeling of GMO-filled products, has a disturbing health and ethics record for its infant formula, and has deployed a cyber army to monitor Internet criticism and shape discussions in social media.
This is apparently the company we should trust to manage our water, despite the record of large bottling companies like Nestlé having a track record of creating shortages:
Large multinational beverage companies are usually given water-well privileges (and even tax breaks) over citizens because they create jobs, which is apparently more important to the local governments than water rights to other taxpaying citizens. These companies such as Coca Cola and Nestlé (which bottles suburban Michigan well-water and calls it Poland Spring) suck up millions of gallons of water, leaving the public to suffer with any shortages. (source)
But Chairman, Peter Brabeck-Letmathe, believes that “access to water is not a public right.” Nor is it a human right. So if privatization is the answer, is this the company in which the public should place its trust?
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