Word: pinochets
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Indecisiveness also characterized two other votes of the Corporation. It faced a proxy calling on Atlantic Richfield Company to halt its expansion in Chile until the Pinochet government loosens its restrictions on civil rights, and another committing Occidental Petroleum--the parent company of the polluter of the Love Canal--to establish a policy for responsible disposal of chemical waste. With the ACSR backing the two resolutions, the Corporation was once again caught between its reluctance to oppose management and its desire not to counter the urgings of the ACSR. Again, it abstained...
Committee members decided to support the proposal because they thought ARCO's invesments in Chile had a significant effect in stabilizing Pinochet's military government, Detley F. Vagts '49, professor of law and chairman of the committee, said yesterday...
Foreign investments help promote the human rights trangressions of the Pinochet regime, John Womack '59, professor of history, said yesterday, adding that the foreign capital influx permits the Chilean government to institute "free market" economic policies unpopular among the country's wage earners, including the suppression of all attempts to organize labor unions...
Womack added that the withdrawal of all U.S. investments from Chile would severely undermine the operation of Pinochet's military regime. "They [the military leaders] would not be able to carry out the economic policies they propose. They would go broke, effectively. Hopefully the government would then fall," he said...
...Some people would say cutting off investments in Chile would only make Pinochet more intransigent. Instead, he would turn to other countries for aid," she added...