Privatizing certain things is not in itself a bad idea. If we wanna build a new highway, we contract it out to private firms - that way, we don't have the on-going expense of keeping that capability in-house (and often idle between projects). We also prevent some of the use-it-or-lose-it rationalization that goes on.
But there's a huge difference between privatizing the building of the road, and transferring ownership of the road from Public to Private.
Here's Maude Barlow talking about water (originally aired 2002). Interesting by itself, but what really struck me was the bit starting at about 8:00. Big Water (soon to rival, and then possibly dwarf Big Oil) is making significant progress in privatizing public water in places where there are some pretty bad governments. This looks like a good thing is happening, but if Bad Government is the justification for privatizing, then it simply will become imperative for Big Water to support corrupt regimes in order to maintain the potential for expanding their market.
SInce Barlow's talk, people have won some of the battles against Big Water, but commerce never sleeps - the efforts continue. Now we're seeing a change in tactics (I think). The push now is towards consolidation of water districts. If a local entity transfers control of its water services to a larger regional authority (eg:
what's being discussed in Asheville NC), it gets a little easier for the water company to work their magic on the coin-operated politicians they've helped put in office at the state and national levels.
Don't bet against human nature. Greed is a powerful motivator, but a figurative thirst for money and power is nothing compared with the real deal.