Should we nationalise water? - BBC Newsnight
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- Опубліковано 8 лют 2025
- As water companies struggle to keep to their water leak targets, Faiza Shaheen and Robert Colvile discuss whether water companies should remain privatised or become nationalised instead.
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Water, energy, public transport, telecommunications, housing, food, healthcare and education. These are services everybody needs: some like communication, water and energy should be fully national, others could face competition from the private sector on luxury or value-added products but should be primarily a social service, if you want an experimental treatment or you want someone to cook you fancy food, pay for it! But nobody will be left to dies because they can't afford food or medicine!
I'm from Brazil and 94% of the cities are served by the public sanitation service and I can tell you that this services are shit💩
😂😂😂😂😂
Water and energy maybe nationalised but Telecom? Come on, the world has advanced so much in Telecom because of these innovative private telecom companies.
Privatised water suffers one very real consequence. The requirement to produce never ending increases in profits for investors/CEOs.
👍
... and not even based on performance indicators.
By fair means or foul?
Agreed
@@snoortpod6462 couldn't have put it better
Water is the new oil, England was mad to privatization.
You should see the state of the water company assets and the poor investment. I can say first hand, water infrastructure is badly under invested and that is because share holders and CEO's have concentrated making their proffits. Hence pollutions etc. Privatisation was criminal, and this obsession with money and capitalism is destroying us.
If a company is privatised, that means profit is the main focus, right? But why should profit be the focus on a survival resource?
If the climate does change and water management becomes an issue - who should be managing our water?
The free market?
Paul Clark The same Free Market that has given our Society an abundance of cheap food? If they can deliver food, why not Water? Both are equally important for life.
Steven McGuinness - the Free Market has produced an abundance of food by denuding the environment in terms of land and water usage during a period where a glut of resources has been the norm. This Free Market has not had to factor the costs of the environmental damage that it has caused, if it had to then the food they produce wouldn't be anywhere near as cheap.
Also look at the quality of food that they are producing, look at the booming obesity epidemic that the Free Market promotes. There are all kinds of societal and environmental costs that have not been factored into this cheap food producing machine that you champion.
Also water is much more important to human life than food and without water you can't grow food. If there comes a point where it makes more economic sense to hoard water, then the Free Market would happily sip cocktails in its infinity pool whilst humanity dies of thirst
@@paulclark7658 Lol. The reason why there has been too much use of water isn't the free market, it is because no-one owns the aquifers. It is a common resource and so everyone just takes whatever they want regardless of the downside. The same is the reason a lot of trees have been cut down for farmland. If someone owned the forests, this wouldn't be happening. You can also make the case with poachers overkilling wild animals (again, no-one owns them).
If you privatise something, the owners don't want it used up. They want it to keep producing year after year. Capitalism means sustainability/conservation.
@@stevenmcguinness4751 because water is more essential than food and the point of corporations are to make profit instead of delivering what is needed
@@izdatsumcp people are blaming public sector problems on the private sector
Paying for water is a crime against god.
Corrupt as Torry (Maggie Thatcher masterplan)
Shaheen can't stick to an argument. First it's "ineffective", but when something gets put against that, it's "unfair"...
Water, energy and rail are different to other industries
Those you mentioned must be controlled by the private sector
Two million new houses needed?
YES!
profits can also pay government debt
Let's get real here. The water industry is highly government-controlled, with just a little bit of freedom. That versus complete government ownership is not much of a debate.
I'm a nationalized citizen of America. where is my coin? There are illegal to hunt.
What a wet conversation between drips.
Yay Faiza 😀
Whose water? Our water
UK should renatonalize all major industries even car manufacturers all the foreign countries do it
Car manifacturers? That stupid
@@shalyfemusic not really
@@sh-ig9fm Nationalizing car manufacturing will reduce the productivity and efficienty of the manufacturing process and the cars that are produces
@@shalyfemusic no all we have learned is that having foreign car manufacturers dominate the UK is that that exploit the lack of domestic competition
EU for example France and German car manufacturers have been giving better deals to there own country and having UK customers to pay for it not really in increased price but lower quality
And sending the profits back home so French and German customers don't have to pay so much for good quality things and substadise the cost of employment there
In France and Germany the quality of cars are higher but the price is lower
For nearly 3 decades Those same brands when selling to UK charge high prices for quality that in France and Germany would be available there for low prices
America with ford is the same just go on the internet and compere prises from any pre Brexit or pre 2010 post
Another one is to look at deals foreign manufacturers gave us when we had our own company's the quality we got of them compared to what was manufacturable for the time was better
@@sh-ig9fmFrance and German cars companies are also privately owned. Why hate capitalism so much?
Please add subtitles to your videos .. I just love them but sometimes I am unable to understand
people really have a problem with business people earning money yea
Nationalizing water would actually help the rich the most, since they use more water, it would effectively subsidize swimming pools.
Whilst the taxpayer bares the burden.
Stevo! I came up with it myself, it’s common sense. I don’t follow ireland. And my favorite billionaire is Trump. Nowhere in your spurious personal attacks is a rebuttal.
You happy being a useful idiot for that Katzenburg cash?
Stevo! Investment almost doubled after water was privatized, England has average or low prices compared to other countries.
CEO pay wouldn’t be improved if it was nationalized it would just be replaced with overpaid union bosses who the public has less control over. Why do you have to Nationalize it why can’t we regulate CEO pay down?
I hope labour tries to nationalize it, it would again shatter the lie that they have any sound economic ideas. Just buying back the companies alone would bankrupt them.
Actually the most water is used by big poor families with a load of kids,
katakisLives source? Rich people have bigger families, and domestic use doesn’t include the water used on spas, golf courses, irrigating large estates, manufacturing luxury cars etc. i can’t find a source local to the uk but
www.thehindu.com/news/cities/bangalore/affluent-people-use-four-times-more-water-than-the-average-household/article21938348.ece
la.curbed.com/2015/4/7/9973072/rich-la-neighborhoods-use-more-water-than-everyone-else
Lets get real, the rich will pay to have their pool filled no matter the cost. It's the poor that are hurt when you privatise public utilities.
the final war shall be about water.bleat bleat sandwich deficiency.... flying toads.. brexit bad...oh no divert attention
Newsnight has become unwatchable due to the appalling and not very bright presenters
Wow, the lady interviewed really doesn’t understand very basic economics.
she has a phd in it
It is already nationalised.
It has to be properly privatised.