Word: acsr
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Dates: during 1980-1989
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Twenty-five candidates, net limited to members of the council, ran for the student slots on the permanent committee the Advisory Committee on Shareholder Responsibilities (ACSR), Athletics, Advising and Counselling, and Library...
...Corporation stand alone in their hypocrisy, that the expressed will of the Harvard community is to reject sharing in the profits gained from the misery and exploitation of their people. We want the leaders of Black South Africa to know that just as we have won with the ACSR we are winning with the Corporation. Harvard must and will divest. It is only a matter of time...
Look at President Bok's "open letter" on the issue. His arguments, the same arguments he has used for 10 years, are stale, unconvincing and thoroughly contradictory. He does not even take into account or attempt to address the points made in the ACSR report, or by the numerous members of the community who have expressed their reasons for advocating divestment. He ignores the fact that municipalities such as Cambridge. Boston and New York, states such as Massachusetts, and other institutions such as University of Michigan have declared that divestment is not only a prudent but an ethically necessary course...
...next arguments which Bok attempts to make were all dealt with and refused at length by the Advisory Committee. Bok argues that Harvard's divestment alone would not have the effect of forcing U.S. companies to withdraw. This is, of course, true, as the ACSR acknowledge. But we must consider not merely the individual effects of Harvard's divestment, but the cumulative effect of divestments all over the country. If all that mattered was the result of the individual action, who, asks the ACSR, would ever write a letter to a senator...
...liberal divestment schemers have contrived a scenario in which Harvard is key. It goes something like this: the ACSR advises the Corporation to divest: the Corporation, feeling morally compelled to wash its hands of apartheid blood, does so; other universities, recognizing Harvard's supreme importance in the grand scheme of capitalism, follow suit, as do several state and local government; then, of course, the U.S. itself divests; the businesses in South Africa crumble, breaking the chains binding South African workers, and apartheid is buried in the flames of revolution...