Yes, but pricing lubricates the slope towards the setup where Nestlé owns 100% of the water because they bid a pittance and the nearby town can't afford to outbid the pittance. Markets are a two-edged sword. One edge is "rich people can pay for factories to recycle water on site" but the other edge is "rich people matter, poor people don't." There's nothing wrong with trying to use edge #1 -- that's what capitalism is all about -- but edge #2 exists, is sharp, and has cut plenty of fingers off. People are leery of it for a reason.
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Yes, but pricing lubricates the slope towards the setup where Nestlé owns 100% of the water because they bid a pittance and the nearby town can't afford to outbid the pittance. Markets are a two-edged sword. One edge is "rich people can pay for factories to recycle water on site" but the other edge is "rich people matter, poor people don't." There's nothing wrong with trying to use edge #1 -- that's what capitalism is all about -- but edge #2 exists, is sharp, and has cut plenty of fingers off. People are leery of it for a reason.