Reversing the Tide of Water Privatization

‘Private companies have been working to make a profit from water since the 1600s, when the first water companies were established in England and Wales. The first wave of water privatization occurred in the 1800s, and by the mid- to late-19th century, privately owned water utilities were common in Europe, the United States and Latin America, and began to appear in Africa and Asia.

But the privatization flurry faded, and throughout much of the 20th century water was largely a publicly controlled resource. In the U.S., for example, just 30% of piped water systems were privately owned in 1924, dropping from 60% in 1850.

It wasn’t until the late 1980s that the idea of private companies managing water re-emerged on a large scale. Under Margaret Thatcher, the U.K. government privatized all water companies in England and Wales in 1989 – making it the first country to do so. Coupled with the global emphasis on free market capitalism after the fall of communism, it began the second wave of water privatization that continues today.’

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