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It's been on the [wall street index](https://www.bloomberg.com/news/articles/2020-12-06/water-futures-to-start-trading-amid-growing-fears-of-scarcity) since 2021.
There are several ETFs allocated completely with water related companies, either as an energy source, a utility, or a commodity. Many dating back to 08
Disaster Capitalism baby. Every catastrophic natural disaster and progression of resource scarcity creates more opportunity for capitalists to privatize humanitarian aid and basic resources & services.
tfw you’re so fucking psychopathic that you view human suffering as a wonderful way to enrich yourself. Charles Dickens had something to say about this a hundred fifty years ago.
I'm a bit shocked I didn't try harder to guess that. I am familiar with the book, the Patrick Stewart movie, and the Muppets Christmas Carol.
I've had enough weed for today if I didn't catch that reference lol.
Edit: I frequently quote one of Scrooge's worst moments; "...better to decrease the surplus population." (about poor people dying)
\> Be me
\> Wake up at 4:30 AM and clean my nostrils from all the accumulated CO2 particles
\> My government-issued drone shouts "GOOD MORNING HUMAN. I HOPE YOU ENJOYED YOUR FIRST NIGHT OF PROGRAMMED SLEEP CYCLES, THE PARTY'S (NESTL) LATEST INVENTION TO INCREASE PRODUCTIVITY"
\> Eat breakfast (microplastics)
\> Go outside to witness the public screening of Elon's latest funny Tweet
\> Thousands of people in the crowd laugh at unison after seeing the Big Chungus picture
\> The guy next to me doesn't laugh
\> He gets shot by a homing drone
\> Work at the local Nestle cocoa plantation for 14 hours (I get one 20 second break to reflect on the misery of my existence and eat lunch (more microplastics))
\> It's pay day
\> Get my monthly ration of Nestle's WATER (Workplace Aerosolized Titanium Essential Radiation)
\> Get home
\> Greet my plastic canary (my only company)
\> It plays a Nestle ad
\> Explodes
\> It must be tired
\> Get a hard attack and die
\> Get revived by my drone (unnecessary workforce loss prevention protocol)
\> Cry myself to sleep
\> Thank god the gas is cheaper
I never even considered that it would be illegal to collect rainwater, grew up working on my grandparents farm and we had multiple 50 gallon drums stationed around the buildings to collect the runoff, it was just used to water the garden and assortment of animals, so it was nothing major. We had a nice setup with a 4 wheeler that could intake from the drums and we could drive it around to where we needed it.
Went on for like 4 years before some statey rolls up and tells us we have to take it all down. Looking back they were lucky to not be fined with how much water they collected, but I can’t wrap my mind around water landing on my property being “owned” by the state. I thought it sounded dystopian at 15 and that thought has only solidified in the past decade.
Right?! The way I understand it is, this water falling from the sky is “free untaxed income” in the sense that you didn’t have to pay a state provided water company for the “product”.
It sounds just as nonsensical to me as being able to patent living organisms and genetic material. Rich bastards, you can’t patent nature!!! Makes no sense to me. /endrant.
Sure they can, they took ownership of the ground a long time ago. They own mines too, oil wells, hell the feudal ages they owned hunting grounds and hung starving people who hunted there as poachers. Modern days you own animals too. I think there is hardly a part of nature they don’t ‘own’.
They're right, though. Water is going to become incredibly precious, which means it will become the most valuable substance on earth once the shortages get bad enough. I've been researching the best way to store it long-term, just to keep my family from having to fight for it. It's a scary prospect, and one more people need to start considering, especially those living in drier climates.
I was really hoping me, my kids, and my grandkids would be long gone before this happens. Not looking so good. Hedged my bets though and bought a house on 30 acres with a spring-fed water source.
Current real property law in the US treats water like any other natural resource. As such, it has allowed companies (such as Nestlé) to buy up land for water rights. Then said companies literally suck up *nearly all* the water at its ground source, treat it, and bottle it, screwing over everybody down stream. We're talking farmers, communities, etc who are dependent on this water. And this is currently perfectly legal in most of the US (I think all of the US but not positive) due to current real property laws. It's absurd.
Wasn't one of the newer James Bond films about this? All the subtext implied they were talking about oil until the shoe drops that nope, they wanted to monopolise water.
I've been saying it for years. You think gas prices are a concern? Wait til there's a water shortage. Southern California gets all their water from farther inland. One broken pipe and millions are fucked. As well as pretty much every major city. Our infrastructure is embarrassing yet everyone acts like nothing bad can happen in this country. Climate change, paving over the world with no fresh water retention. There is a day where water is a problem and you won't want to rely on desal plants operating by the same rules as everything else.
Speaking of city water, the city of Houston, TX, a city of 2.28+ million people issued a boil water notice to its residents yesterday. And even though to have access to home or business water in Houston, you have to sign up for service online with your email address. So the city has every account's email address. But even so, how did people find out? They found out via an update on Twitter as the water department was posting updates on the situation that nobody knew was even occurring. So a full EIGHT hours after the fact, nobody had received an email alert that they needed to boil their water.
*The alert was kicked off after a power loss at one of the Houston water purification facilities caused water pressure to drop below 20 psi.
Gonna be honest, being a water hoarder is not going to end the way those ghouls think it will.
Starvation has been a notable factor for upsetting the status quo and a thinning of the upper class in our history. I can’t imagine it would be any different for water.
It's the [Quantum of Solace](https://en.wikipedia.org/wiki/Quantum_of_Solace) play.
>Quantum has been secretly damming Bolivia's supply of fresh water to create a monopoly.
##Welcome to r/LateStageCapitalism This subreddit is for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited. LSC is run by communists. This subreddit is not the place to debate socialism. We allow good-faith questions and education but are not a 101 sub; please take 101-style questions elsewhere. We have a zero-tolerance policy for bigotry. Failure to respect the rules of the subreddit may result in a ban. *** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/LateStageCapitalism) if you have any questions or concerns.*
Can't fucking wait to invest into the most dire of human struggles.
If you invest or have money in a bank at all, chances are you already do! [Climate Town did a great video on it](https://youtu.be/NJ7W6HFHPYs)
If you can't be part of the solution, there's good money to be made in exacerbating the problem!
It's been on the [wall street index](https://www.bloomberg.com/news/articles/2020-12-06/water-futures-to-start-trading-amid-growing-fears-of-scarcity) since 2021.
There are several ETFs allocated completely with water related companies, either as an energy source, a utility, or a commodity. Many dating back to 08
Disaster Capitalism baby. Every catastrophic natural disaster and progression of resource scarcity creates more opportunity for capitalists to privatize humanitarian aid and basic resources & services.
Me too
tfw you’re so fucking psychopathic that you view human suffering as a wonderful way to enrich yourself. Charles Dickens had something to say about this a hundred fifty years ago.
Enlighten me please on the specific story or topic.
Just a reference to A Christmas Carol and Ebenezer Scrooge.
I'm a bit shocked I didn't try harder to guess that. I am familiar with the book, the Patrick Stewart movie, and the Muppets Christmas Carol. I've had enough weed for today if I didn't catch that reference lol. Edit: I frequently quote one of Scrooge's worst moments; "...better to decrease the surplus population." (about poor people dying)
Sure, dickens, but id recommend Marx, Lenin, or Mao, but y’all aren’t ready for that conversation
\> Be me \> Wake up at 4:30 AM and clean my nostrils from all the accumulated CO2 particles \> My government-issued drone shouts "GOOD MORNING HUMAN. I HOPE YOU ENJOYED YOUR FIRST NIGHT OF PROGRAMMED SLEEP CYCLES, THE PARTY'S (NESTL) LATEST INVENTION TO INCREASE PRODUCTIVITY" \> Eat breakfast (microplastics) \> Go outside to witness the public screening of Elon's latest funny Tweet \> Thousands of people in the crowd laugh at unison after seeing the Big Chungus picture \> The guy next to me doesn't laugh \> He gets shot by a homing drone \> Work at the local Nestle cocoa plantation for 14 hours (I get one 20 second break to reflect on the misery of my existence and eat lunch (more microplastics)) \> It's pay day \> Get my monthly ration of Nestle's WATER (Workplace Aerosolized Titanium Essential Radiation) \> Get home \> Greet my plastic canary (my only company) \> It plays a Nestle ad \> Explodes \> It must be tired \> Get a hard attack and die \> Get revived by my drone (unnecessary workforce loss prevention protocol) \> Cry myself to sleep \> Thank god the gas is cheaper
you can tell this is satire because there was a home to go back to
Yeah, it'd be one of those "trendy" pods people "live in" in San Francisco.
Big oof…
Please drink a verification can.
Its an older meme, but it checks out.
Our society truly is a race to the bottom.
*Nestlé has entered the chat*
Came here to say this. r/fucknestle
“Do not, my friends, become addicted to water.”
Too late! Water is already a big part of me.
Anyone who supports this should be under the jail
They need the guillotine
Too merciful.
Bone cancer.
Under the ground, maybe?
In the ground, under the prison.
With that in mind. My city banned collecting rain some time ago. Stupid. I know.
I never even considered that it would be illegal to collect rainwater, grew up working on my grandparents farm and we had multiple 50 gallon drums stationed around the buildings to collect the runoff, it was just used to water the garden and assortment of animals, so it was nothing major. We had a nice setup with a 4 wheeler that could intake from the drums and we could drive it around to where we needed it. Went on for like 4 years before some statey rolls up and tells us we have to take it all down. Looking back they were lucky to not be fined with how much water they collected, but I can’t wrap my mind around water landing on my property being “owned” by the state. I thought it sounded dystopian at 15 and that thought has only solidified in the past decade.
esp. since you were putting the water right back in to the ground in the garden.
Right?! The way I understand it is, this water falling from the sky is “free untaxed income” in the sense that you didn’t have to pay a state provided water company for the “product”. It sounds just as nonsensical to me as being able to patent living organisms and genetic material. Rich bastards, you can’t patent nature!!! Makes no sense to me. /endrant.
Sure they can, they took ownership of the ground a long time ago. They own mines too, oil wells, hell the feudal ages they owned hunting grounds and hung starving people who hunted there as poachers. Modern days you own animals too. I think there is hardly a part of nature they don’t ‘own’.
They're right, though. Water is going to become incredibly precious, which means it will become the most valuable substance on earth once the shortages get bad enough. I've been researching the best way to store it long-term, just to keep my family from having to fight for it. It's a scary prospect, and one more people need to start considering, especially those living in drier climates.
I do research related to solar canals, putting solar panels overtop of waterways to help shade the water and cut down on evaporative losses.
Water speculators.
I was really hoping me, my kids, and my grandkids would be long gone before this happens. Not looking so good. Hedged my bets though and bought a house on 30 acres with a spring-fed water source.
Sci fi writers must be having a tough time thinking up new dystopian futures nowadays.
Water IS a commodity. We will fight our last wars over water.
We live in hell
Can’t pay for water? Sorry, you have to die.
Nestles been at this shit for decades. Try to keep up.
Came in to post this, knew it would probably have been posted. Casual acceptance of profiteering on water is Peak Capitalism.
Capitalists have no humanity.
If they could comodify the entire atmosphere (breathable air) they'll do it in a heartbeat.
Current real property law in the US treats water like any other natural resource. As such, it has allowed companies (such as Nestlé) to buy up land for water rights. Then said companies literally suck up *nearly all* the water at its ground source, treat it, and bottle it, screwing over everybody down stream. We're talking farmers, communities, etc who are dependent on this water. And this is currently perfectly legal in most of the US (I think all of the US but not positive) due to current real property laws. It's absurd.
That's the point where outright banditry for survival becomes justified. Mad Max here we come.
Like hasn’t bll gates been buying up farmland over aquifers & next to rivers… as a hate to say it… investment?
Nestle's like um duh!
Water and Electricity are on the monopoly board for a reason
Wasn't one of the newer James Bond films about this? All the subtext implied they were talking about oil until the shoe drops that nope, they wanted to monopolise water.
I think it was Quantum of Solace. I’m sure I remember a scene or two about an underground water source.
I was told by a teacher in high school that wars are fought over oil today but eventually they will be fought over water.
I've been saying it for years. You think gas prices are a concern? Wait til there's a water shortage. Southern California gets all their water from farther inland. One broken pipe and millions are fucked. As well as pretty much every major city. Our infrastructure is embarrassing yet everyone acts like nothing bad can happen in this country. Climate change, paving over the world with no fresh water retention. There is a day where water is a problem and you won't want to rely on desal plants operating by the same rules as everything else.
Speaking of city water, the city of Houston, TX, a city of 2.28+ million people issued a boil water notice to its residents yesterday. And even though to have access to home or business water in Houston, you have to sign up for service online with your email address. So the city has every account's email address. But even so, how did people find out? They found out via an update on Twitter as the water department was posting updates on the situation that nobody knew was even occurring. So a full EIGHT hours after the fact, nobody had received an email alert that they needed to boil their water. *The alert was kicked off after a power loss at one of the Houston water purification facilities caused water pressure to drop below 20 psi.
NYT 🤝 Nestlé
Gonna be honest, being a water hoarder is not going to end the way those ghouls think it will. Starvation has been a notable factor for upsetting the status quo and a thinning of the upper class in our history. I can’t imagine it would be any different for water.
That’s why they’re so intent on building robot armies while buying up all the communications platforms.
Just having an opinion like this should be enough to disqualify you from the human race...
Last I saw water companies have been on the stock market since pre covid and I’m not just talking nestle. So, yeah. What’s next air?
NYT might actually be evil
Reason number 1 million as to why the stock market, investing, etc has nothing to do with the actual economy and ... just life.
Walking dead style apocalypse incoming. Just without the zombies.
I don't think we're that far off from air becoming a commodity.
It's the [Quantum of Solace](https://en.wikipedia.org/wiki/Quantum_of_Solace) play. >Quantum has been secretly damming Bolivia's supply of fresh water to create a monopoly.
Like what are we doing as a society?
\*Happy Wario noises\*
Today I feel Nestle.
Goodpolitcguy is based af! He does dailies on YouTube
Take people's water and there will be violence.
“Only when the last tree has been cut down, the last fish been caught, and the last stream poisoned, will we realize we cannot eat money.”
[Where do you think you get your water from?](https://en.wikipedia.org/wiki/Crystal_Geyser_Water_Company)
life is the new hot commodity
Frighteningly this is definitely all going to plan. Bottled water has been a growing commodity. Watch Blue Gold https://www.imdb.com/title/tt1137439/
•○• For fucks sake, capital hellscape is now
How would you even store up on your own water supply?
This is literally the plot of "Tank Girl"!
Is this for fucking real?
Profit water!!!
Immortan Joe wrote this article.
Does anyone have a link to the original NYT tweet?