Privatization in Chile

 

Chile has gone farther than any other country in the world in commodifiying water and creating a market economy based on private water rights. The process started with the 1981 Water Code enacted by the military regime of the time, and was based on a strong pro-business bias.



There is a growing movement in Chile to renationalize the services that were drastically privatized during the country’s military dictatorship of the 70s and 80s. As the biggest investors in Chilean water, Ontario teachers can play a part.

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