Would You Rather Die of Thirst and/or Heatstroke This Summer Than Accept Quality Water and Electricity Services from MNCs?

Looking at the IBON Foundation's page can be laughable. One may notice Atty. Neri Colmenares, someone who fortunately lost the senatorial race twice. I remember arguing about people who'd believe in the lies that Colmenares would propagate about FDIs. There's the call to stop water privatization (the call for the nationalization of the water industry) and the constant opposition to allowing foreigners to own 100%. Do they even get that 100% FDI ownership is all about share ownership and not land ownership? As the summer heat intensifies due to the El Niño, I decided to write this entry. A good question to ask now is, "Would you rather die of thirst or a heatstroke than accept quality water and electricity services from MNCs?" 

What organizations like the IBON Foundation and Migrante International insist is on national industrialization over the acceptance of FDIs. The question is how do they expect to industrialize the nation based on doing everything on their own? A lot of people already tried it. Mao Zedong tried to do so with his Great Leap Forward program. Some people try to whitewash it, never mind some Chinese people who survived the incident, tell how horrible the results are. Do Filipinos really have the machinery and equipment needed to create the self-industrialized nation they dreamed of? The notion was abandoned by Deng Xiaoping and Nguyen Duy Cong aka Do Muoi. 

It's foolish how these people insist on stopping the privatization of public services. I wrote an article discussing why I reject the nationalization of public utilities. It all comes forth with the simple economic law of supply and demand. Again, what should I expect from people who keep insisting on #SahodItaasPresyoIbaba (translated as raise salaries, lower the prices) because salaries are part of the cause of production. I show then a basic accounting table and all I get is a laugh emoji. If all utilities were owned by the government, and everything is just provided by the government, the results will say otherwise. Supplies will be lessened in a government monopoly. Even worse, can the government even have the machinery purely made in the Philippines to carry the dream out? 

It's no secret that electricity rates and water crises have hit. The demand for electricity and water is really high. You'd really get thirsty faster in hot weather. You'd really require more electricity to turn on the air conditioner. That's why I had to buy a UPS for my PC because the fluctuations aren't going away any time soon. The problem is rooted again in supply and demand. As the supply goes lower and demand goes higher, companies providing these services need to increase prices to keep the companies going. How much more if the government makes over all the supplies. Do they think that the government can handle everything better than several people who provide the services? Again, what do you expect from people who believe in economics hocus pocus? It'll take magic to allow #SahodItaasPresyoIbaba to happen. 

When there's competition, prices will go down. It's because supply and demand gap will be closer. Who would be foolish enough to sell at an unreasonably higher price than one's competitor? Sure, prices will need to be raised when there will be longer working hours. However, economies of scale can happen when the cost of production will be lowered. Ever heard of surplus stores sell lower priced goods than regular stores? A surplus is an excess in production. If there's a surplus in water and electricity, you can expect that the cost of services for both will be better.

However, some people will still insists in MNCs are evil, that they're invaders, etc. My challenge to them is that they should practice what they preach. Right now, they should only draw water and cool themselves with Filipino products only. Can they make something to draw water with without imported products? Can they cool themselves with electric fans and airconditioners made only in the Philippines? They would need to start everything from scratch. The biggest question is would they have all the time do so as the heat continues to scorch on?