Word: divesting
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Dates: during 1980-1989
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Experts across the country said this week thatif Harvard were to decide to divest from tobaccocompanies it would be the first institution in thecountry...
...drive to divest from tobacco companiesseems likely to rekindle the debate about thebenefits of divestment. Harvard and other criticsof divestment have argued that in most cases, abetter alternative is constructive engagement, bywhich the University deliberately maintains itsstock to put pressure on companies...
President Bok said last week that it was"unacceptable" to deny a link between smoking andcancer, but he declined to say whether he wouldsupport a move to divest from tobacco companies...
...hardly a new one at Harvard. Criticizing University policy has always been considered a little bit like correcting a rabbi on liturgy during services--sacriligious, audacious and irrelevant. If Bok and the Corporation did not believe they were somehow above the fray political convictions, why would Harvard fail to divest of its South African holdings, after faculty dissent, 10 years of campus protest and a general consensus on the question? Ignoring such ephemeral considerations may be well and good for the University, which one sage aptly described as being here forever, as opposed to the student body which is remade...
...University's commitment to fairness must extend beyond mere platitudes to concrete and substantive actions. The administration should accept the decision of its support staff and bargain with their union in good faith. Harvard should divest of all its South Africa-affiliated stock--ridding itself, once and for all, of this unethical sore. Faculties must move aggressively to recruit and tenure more women and minority scholars. Harvard must also act to bring such groups into positions of leadership and responsibility within the administration itself. By setting a forceful example of equality and integration, Harvard would not only be true...