Word: divested
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More than one third of the faculty and staff of the Graduate School of Education this month signed a petition urging the University to divest...
Cazden said she sent a mailing to all 260 faculty, administrators, and staff members of the Ed School and 89 of them agreed to affix their names to the petition calling for Harvard to divest of its $416 million in South Africa-related investments...
Lichtman should not confuse his own confusion for SASC's. In 1984 the Advisory Committee on Shareholder Responsibility, (which President Bok had created to advise the Harvard Corporation), recommended to that body that Harvard totally divest. Their argument, which SASC shares, Lichtman may find in The Harvard Crimson of May 11, 1984. The committee comments: "It should be noted that while U.S. firms employ less that I percent of the Black work force in South Africa and accounts for only 17 percent of foreign investments there, they dominate several strategic sectors: energy, computers, motor vehicles and mining. In a critical...
...acronym SASC stands for the Southern Africa Solidarity Committee. SASC neither favors nor opposes divestment from any other regime. A majority of SASC members, however, probably oppose the Soviet and Chilean regimes, and many have been active in organizations like Amnesty International, the Hillel's Committee on Oppressed Jewry, and Students Supporting Solidarity. In any event, if Harvard divested from companies that do business in South Africa they would, by the same gesture, divest of all of their stock in companies that are in the Soviet Union and Chile. They are the same companies...
Whether one feels strongly one way or the other about divestment in general, there can be no denying that the shanties have been an abysmal failure. Without the support of the students, the shanties and their builders will never convince the administration to divest. While SASC tries to think up new ways to generate that support, it should do everyone a favor by tearing the shanties down...