Word: divesting
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...Finally divest. Outside pressure on Harvard decision-makers under a more open system should force the University to live up to its moral responsibility and refuse to do business with firms in South Africa...
While the University is doing ethical house-cleaning in its investments, it should take the simple step that students and anti-apartheid leaders have urged for years: divest itself completely of all investments in companies that do business in South Africa. The University has dragged its feet on the issue for almost 20 years, latching on to one discredited compromise after another while ignoring the pleas of such moral authorities as South African Archbishop Desmond M. Tutu, a member of the Board of Overseers. An educational institution that claims to uphold moral principles must recognize the imperative to eschew profits...
...such, the movement to force colleges and universities to divest their holdings in companies that do business in South Africa captured the imagination of the mostly listless campus generation. "The South African issue caught on in 1985 in a way that no issue had since the 1960s," says Robert Price, a professor of political science at the University of California, Berkeley. "We were briefly back into a period of politicization and mobilization, which we had not seen since the '70s." By now over 150 colleges, 80 cities, 26 states and 17 counties have divested their stock in companies that...
Throughout the 19-year tenure of President Derek C. Bok, no issue has remained in the public eye so long as the University's refusal to divest completely from firms doing business in South Africa...
While the University is doing ethical house-cleaning in its investments, it should take the simple step that students and anti-apartheid leaders have urged for year; divest itself completely of all investments in companies that do business in South Africa. The University has dragged its feet on the issue for almost 20 years, latching on to one discredited compromise after another while ignoring the pleas of such moral authorities as South African Archbishop Desmond M. Tutu, a member of the Board of Overseers. An educational institution that claims to uphold moral principles must recognize the imperative to eschew profits...