Word: divested
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...subject of controversy at Harvard. Everyone here, at least in words, opposes apartheid. The questions before the Harvard community are: whether it is appropriate for Harvard to maintain investments in corporations which operate in South Africa; what the impact would be of a move to divest from such corporations; and how to weigh the contribution that action would make to anti-apartheid efforts against the possible financial losses to Harvard from changing its investment policy...
...suppose Harvard announced that it intended to divest from corporations which operate in South Africa, thereby joining a growing international effort to ostracize the Nationalist government of that country through economic and other sanctions. Naturally, time will be allowed to effect an orderly transition to an investment policy based on stocks not involved with South Africa, real estate, government bonds, etc.; but after a specified date Harvard would have severed its financial ties to the apartheid regime. What could we expect to be the impact of such an action by Harvard...
...Utopian notions"). The bishops condemned the "national security" ideologies that undergird most of Latin America's military regimes for leading "to the abuse of power and violation of human rights," but they also denounced leftist terrorism. Echoing the Pope's address, the document cautions priests to "divest themselves of all political ideology." But it does advocate Christian action. Said the bishops: "We ask all Christians to collaborate in the changing of unjust structures and to communicate gospel values to the entire culture where we live...
...there is no such thing as shareholder responsibility, and given that the University is on record as saying that it abhors apartheid, what should the University do? Divest. Why? First, because black South African leaders have asked corporations to withdraw. The University points to the silence of a few black leaders on this issue as evidence of support for corporate presence in South Africa. This overlooks the fact that South Africa has made it a capital crime publicly to demand corporate withdrawal...
...task as yet incomplete) obliges us to act on the appeals of those black and white people in South Africa who are struggling to undo the injustices with which they live every day. What Harvard and all colleges and universities in this country can do to help is to divest from those corporations which operate in South Africa. Richard Valelly '80 Third-year graduate student in Government