The Financialization of Nature is a New Battle Based on Old Tricks | Food & Water Watch

Brace yourselves, and prepare to defend your public resources against major financial institutions as they seek to take advantage of the scarcity of such resources by profiting from them in new markets. This commodification of things that we often take for granted—resources that sustain life—is taking place throughout the world, and major investors have already gotten started on convincing the public that it’s acceptable to put a market price on resources that currently exist in the public domain. Just take a look at the bottled water industry for a great example. Continue reading…

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Filed under Economism and neoliberalism, Environment, Global finance

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