Would be favorable if the water was privatized?

Absolutely not. There are many examples of why the privatization of water is a disaster, and is morally wrong. Many third world countries have found themselves being forced by the IMF, and World Bank, to sell their water rights to companies like Suez, Bechtel, and other corporations. This action has created major fresh water crises in these countries, and the poor find themselves unable to buy the water that is required for them to live. Fresh, potable water is a dwindling resource on our planet, and denial of access to this precious resource is one of the greatest problems we will have in the future. There is a reason that municipal water supplies have been run by the government, it is a resource that cannot currently be supplied to all people of the world at a profit. These corporations understand that water is blue gold, and future control of the resource will net them huge profits. We don't currently experience many of these problems in the States, even though some cities have privatized their water, but that is because we subsidize its production. However, we face a fresh water crisis as more and more water supplies are diverted to industry and agriculture, and we continue to allow industry to pollute our supplies. These companies are planning on this eventuality for future profit as they will control the remaining fresh water resources, and will own the expensive technology needed to purify polluted water, and salt water. It is far better to supply everyone with cheap water at a loss to the government, than supply only those that can afford it for corporate profit. Life sustaining resources should not be a commodity.