The New Corporate Threat to Our Water Supplies

The problem with privatization is that it is interesting in the short term, and there are always politicians willing to sacrifice the long term for a pretty balance sheet. Their short-term decisions bind future governments and municipalities, while the more responsible decision to stay public does not prevent a future government from privatizing. This means that privatization takes place even if politicians who favor it are only in power once in a while. The way back is very costly.