Why does Ivan Collendavelloo want to privatise the CWA? Is he not capable of providing a basic service to the people or is the government really so desperate to raise funds to reduce national debt? Of course, the IMF supports his proposal because its hidden agenda is to provide low risk investment opportunities for transnational corporations to increase the wealth of their majority shareholders – the global elite.
Privatisation is promoted because it promises to deliver water for all 24/7. Who doesn’t want that? We are told that only the private sector has the investment capacity to modernise the distribution network. However, profit-driven operators also hike up prices and cut jobs.
Is there an alternative?