Word: divestments
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...have found calls to divest from Israel and a variety of American companies, as well as rumors of faculty support for divestment from defense contractors (News, “Faculty Question Defense Holdings,” April 8). Perhaps you might educate me as to why the worlds most brutally repressive regimes such as Libya, Syria, Iran, Sudan, North Korea and Saudi Arabia never make it onto the list of those who call for divestment...
...totalitarian monarchies and fascist dictatorships of the Arab world have some innate virtue which allows them to viciously persecute women, gays, and non-Muslims thereby absolving them from any Harvard professor’s cries to divest? Does China possess some inalienable right to occupy Tibet such that the politically correct crowd finds them immune from divestment issues...
...today’s monthly Faculty meeting, a handful of anti-war professors are expected to ask the Harvard Management Corporation, responsible for managing the University’s endowment, to divest from domestic defense sector stocks—which currently make up 0.5 percent of its endowment. To withdraw all assets from a company is, as activists are well aware, a strong symbolic statement, and as such, Harvard should not divest from an industry at just the slightest hint of moral ambiguity. For the defense industry, the case for divestment cannot be convincingly made...
Just as the University does not invest in tobacco companies, so it should divest from all companies that bank on killing and destruction...
...around the world. These weapons are used by tyrants who engage in aggressive wars and oppress their own people. To cite just one morally unambiguous example, U.S. companies have sold the repressive Saudi monarchy over $40 billion worth of arms since 1990. This alone should be reason enough to divest...