by Craig Mackintosh
January 12, 2013
The law of supply and demand has been the basis of economic activity for millennia. In the context of our present economy, with its skewed, profit-centric priorities, this means that scarcity is profitable, and abundance is not. It’s an absurd reality, but one we see played out in almost every area of our lives on a daily basis. When this absurdity is applied to a resource as fundamentally existential as water, some people get rich, while others suffer and die.