<
https://theconversation.com/robber-barons-and-high-speed-traders-dominate-australias-water-market-166422>
"At the beginning of the water trading experiment, little effort was put into
defining the goals of water trading, or how its success would be measured.
Yet despite that oversight, it’s easy to conclude that on any relevant measure
the market has failed. It has failed the environment. It has failed farmers and
towns. It has failed to recognise the rights of Indigenous Australians. And it
has failed in its basic function of allocating water to where it can best be
used.
Like a plane crash, the market failed because crucial systems and backups broke
down simultaneously."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
