Water privatization, in principle, is great. The idea is that corporations have the financial resources that governments do not to provide the people with clean water. In addition, they can afford the big upfront costs of creating a water system. However, when put into practice privatization fails. A water system requires huge and ongoing infrastructure investments. Corporations have cut corners on these which leads to a shortage of access. Privatization, in fact, has a 34 percent failure rate. Because the system costs so many people often are forced to overpay for their water.
The film Flow documented people in African who could not afford the privatized water. Instead, they drank from the river which resulted in people dying from waterborne illnesses. The companies, when questioned, insisted that the people could afford the water. In addition, the companies also cemented old wells and prevented the local people from using their old, and free methods of accessing clean fresh water. The only upside to privatization is that it is easy to solve; don’t allow privatization to happen. Poor nations will need aid though, to help ensure their people have clean fresh water, but this is part of a continuing effort, as there are many charities focused solely on this issue.