Originally Posted by coyote

A point that I refuted I might add. As far as water is concerned, the problem stems not from an absence of supplies but from the absence of a proper market that would ensure a balance between supply and demand.

Maintaining water resources in open-access commons leads to depletion and degradation. In a commons argument, no one owns water and therefore no one is responsible for it or has an interest in protecting and preserving it.

Freely operating markets are the most effective means for distributing goods, whether they be bread, apartments, shows or water. Water markets discourage users from wasting valuable water, they channel supply to those who value it most, and they help reduce poverty by providing income and employment to the poor.