Word: divesting
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HOWEVER, HARVARD ALSO has insisted that the proper way to solve the problem is through mediation. Many other universities follow Harvard's lead on their investment policies. But given the recent moves of many states, cities and private groups to divest themselves of South Africa's taint, Harvard's omission acquires the status of a holding action, even a de facto affirmation of investment in South Africa, and not Bok's "appropriate" aloofness...
...used his prestige to forward programs at Harvard and nationwide. This effort, which has lasted throughout his 15-year presidency and has increased as the crisis in South Africa worsens, is at least as honorable as the efforts of students and faculty at Harvard who pressure him to divest...
...strange argument that Bok is making. If we verbally oppose apartheid, toss out $1 million, support the Sullivan Principles, then why can't we take the next step and divest...
This certainly, is a moral quandary for corn flakes lovers, but is it a reason not to divest, is it really what troubles Bok about the issue? In essence, Bok is telling us that until he can figure out whether he should ask students to stop eating corn flakes, he will not sell Harvard's South Africa-tied stock. I'll make a deal with him. I will gladly give up breakfasts of corn flakes if Harvard divests...
...does not release it from the obligation to register an "opinion" on the matter. If we decide to remain involved in South Africa, whether through "intensive dialogue," proxy votes, or any other means, we are registering an opinion that we at least partially condone the apartheid system. If we divest, we will not, as the so-called pragmatists will undoubtedly charge, be engaging in mere moral hand-washing. We will be taking an honorable stance in the face of what is a clear and irremediable evil. When events careen out of control as they have, divestment is both the most...