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This paper critically reviews some of the global debates and narratives concerning water scarcity, water Ίcrises, and water resources management and shows what they are obscuring. It also examines the various positions on water ranging from those viewing water as an economic good to those viewing water as a human right and the commons. The paper demonstrates how global debates and perspectives tend to draw on rather vague political, economic or theoretical assumptions rather than on empirically grounded facts and realities. Due to their rhetorical and speculative character, their claims tend to apolitical and divorced from socio political realities. For example, the narratives of water Ίcrises, and water wars tend to obscure issues concerning unequal access to and control over water. The Ίwater as an economic good, narrative which monopolises the debates risks obscuring the cultural, social and symbolic dimensions of water. It also fails to adequately address questions concerning equity and justice. Similar malaises are to be found in the current debates around the privatisation of water services.

The paper argues for the need for a greater pluralism in the debates and for more attention to the multifaceted dimensions of water and its various expressions in the everyday contexts within which people live their lives. Thus, there is the need for critical research to map out the mismatch between rhetoric and reality across macro, meso and micro realms, calling for explicit links to be made between water and power and politics.