Word: moralizers
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...organization, after all. The NCWO responds with the argument that by hosting the Masters and selling the broadcast rights to a major TV network, the club is no longer “private” in the sense that it keeps its activities to itself, and instead has the moral imperative to allow women as members. Because Augusta’s membership includes some of the most prominent men in the country, the NCWO believes that the prohibition of female members sends a message that American society does not welcome women into the powerful leadership circles that exist outside...
...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...
Fundamentally, The Staff misunderstands the purpose of Harvard’s investments. The University is not a for-profit corporation. It should never hesitate from sacrificing financial profit so as not to compromise its moral integrity. If the University fails to impose limits on its greed, its hands will forever be stained with Crimson blood...
Furthermore, making a snap judgment to pull funding from defense companies opens the floodgates for divestment from other morally ambiguous industries. Coca-Cola and Nike are only a few examples; given adamant students and faculty, an argument could be made that nearly every company is socially irresponsible, that each is giving rise to societal ills in some manner or another. And on each example, there would likely not be a clear moral consensus...
While the staff claims that the moral status of weapons companies is murky, this could not be further from the truth. Regardless of one’s view of the U.S. military, these arms manufacturers sell billions of dollars of equipment to dictatorial regimes 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...