Nestlé Is Sucking the World’s Aquifers Dry

This is the logic of capitalism. Ceaseless accumulation and the commodification of all things. It has killed and enslaved hundreds of millions. There are now essentially zero constraints on capital, i.e., no regulations on corporations – because they have purchased most of the world’s politicians and written the laws that are supposed to regulate them. In the history of the world, wealth and power has never been more consolidated.

Longreads

At Bloomberg Businesweek, Caroline Winter visits Nestlé’s bottling plant in Mecosta County, Michigan to analyze how the multinational corporations targets small communities with promises of jobs, and buys up public land to gain control of water resources. Nestle sold $7.7 billion dollars worth of bottled water last year, making it the world’s largest bottled water company. It made that money partly by paying a pittance for its product. Nestlé pays the U.S. Forest Service only $524 a year to draw 30 million gallons of public water in San Bernardino, California, and Nestlé pays the city of Evart, Michigan just $250,000 a year for its water. Consumers drink bottled water because they assume it’s safer than tap, but that makes us complicit in what many analysts and activists warn is the gradual privatization of water. These multinational corporations don’t have the public’s best interests in mind, activists warn. If…

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