How to Use This Blog

When you post, please start iwth a complete bibliographic citation of the item you are reviewing. Summarize the item in about 250 words, and then analyze the item and synthesize how it fits in with other things you've read (here, in class, in other classes, or on your own). Finally, add one or more keyword labels to help us organize the bibliography.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Sunday, April 17, 2011

Water for Profit

Stuart, Alix. “Water for Profit,” CFO 23, no. 2 (2007): 40-45.
http://web.ebscohost.com.ezproxy.mnsu.edu. (Accessed February 8th, 2011).

This article discusses, mainly, the obstacles standing in the way of companies seeking to privatize public water supplies. The economic pull of the water industry is discussed, as well as that when and if public municipalities privatize, an enormous profit will be made, as currently only about 15% of American Water is privatized. This may be a good source if I plan to discuss what advantages privatization will have economically for the companies who take over public water supplies. I am not sure if I will use this source, but I very well may. At the very least, it is valuable to have an article that is mainly pro-privatization from the corporation’s standpoint as it gives a summary of the opposing view. This article also discusses how much of the U.S.'s pipes and underground infrastructures are in dire need of repair, another reason cities look at privatizing. A lot of discussion about how to gain the trust of the public is also included, which is almost unsettling, especially because the scope of this article is entirely economical.

Saturday, February 19, 2011

Limits to Water Privatization

Draper, Stephen E. “ Limits to Water Privatization,” Journal of Water Resources Planning & Management 134, no. 6 (2008): 493-503.
http://web.ebscohost.com.ezproxy.mnsu.edu. (Accessed February 8th, 2011).

This article introduces (to me, at least) the stance of allocating the right to use of water in the hands of the private sector, but still having these rights controlled by the public sector. Private, Public, and Private-Public allocation are all discussed, as well as economic and environmental consequences of each. Beliefs of proponents of privatization are discussed. An argument often used is that by charging the public for water, privatization will provide more incentive for the public to conserve water. A lot of this article outlines the economics, which I’m not sure I will be delving into too deeply in my research. The value of water is discussed heavily as a tradable commodity. The possibity of monopolies is also discussed in great detail. I may use this source, but I feel it is not as valuable as a lot of the other sources I have found for my research.