Word: namibian
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Dates: during 1970-1979
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...number of companies appeared to be ignorant of the social implications of Namibian investment, says Interfaith's Timothy Smith. The churches carry on continuing discussions with corporations in order to "sensitize them to socially important issues," Smith says...
...Namibia made a deeper evaluation of relevant moral and political issues unnecessary. Because the problem of Continental Oil is identical with Phillips's, it is likely the ACSR will deal with that question, too, without ever coming forward with an analysis of competing political claims in Namibia. Thus, the Namibian issues provide little basis for predicting the committee's further behavior...
This is good news, especially since Namibia, the former Southwest Africa, is a showcase for apartheid in all its viciousness. The League of Nations gave South Africa its Namibian mandate. The United Nations, recognizing South Africa's failure to prepare the territory for independence or permit its people a decent existence, revoked the mandate in 1966. Since then South African rule has been as illegal as it is immoral...
...because their tax payments help maintain South African rule. It's arguable that the jobs these companies provide and the benefit an independent Namibia will derive from expropriating their holdings are more important than these tax payments. Given South African rule, there is no way to tell how the Namibian people feel about American investments; but the guerillas' claim to speak for them is at least more plausible than that of South Africa's government...
...urge the full ACSR and the Corporation subcommittee on shareholder responsibility to follow the undergraduates' lead on the Namibian question in particular and in opposing racism and imperialism in general...