A Momentary Flow

Updating Worldviews one World at a time

Public or Private: The Fight Over the Future of Water | Wired Science | Wired.com

See on Scoop.it - The Future of Water & Waste

All around the world, from the Himalayas to the Great Plains, fresh water is starting to run low. It’s shaping up to be one of the 21st century’s great environmental and humanitarian challenges: People use water faster than nature can replenish it.

Some people argue that privatization is the answer to the water crisis. But others, including food journalist Frederick Kaufman, say that’s a recipe for disaster. The author of Bet the Farm: How Food Stopped Being Food, published in October by Wiley, Kaufman points to the recent history of food prices as an example of the dangers posed by modern finance.

In the last five years, food prices have gone haywire, rising steadily while spiking three times, causing global food shortages and social unrest. Many economists and some scientists blame food prices on speculation. Once the province of farmers and agriculture industry insiders looking to hedge their risks, food markets were opened in the 1990s to the financial industry. The market soon stopped working like it’s supposed to.

See on wired.com


  1. thewitofastaircase reblogged this from cestrien
  2. cestrien reblogged this from wildcat2030
  3. republicofideas reblogged this from wildcat2030
  4. lyingdemonkoalaofsatan reblogged this from wildcat2030
  5. 8100dy43d534 reblogged this from wildcat2030
  6. deaf-songbird reblogged this from wildcat2030
  7. wildcat2030 posted this