Water is precious but we have it in abundance. We treat water badly because of this, it is called the Diamond Water paradox. This is why we treat anything we have in abundance poorly, including humans, what we have limited quantities of we treasure, like diamonds..

The paradox of value (also known as the diamond–water paradox) is the apparent contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market. The philosopher Adam Smith is often considered to be the classic presenter of this paradox, although it had already appeared as early as Plato's Euthydemus.[1] Nicolaus Copernicus,[2] John Locke, John Law[3] and others had previously tried to explain the disparity.