Word: pinochets
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...Advisory Committee on Shareholder Responsibility (ACSR) voted last night to support a resolution asking the Atlantic Richfield Company (ARCO) not to expand its investments in Chile until the Pinochet regime there restores complete civil and political rights...
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 of us differ with Harberger in our assessment of the appropriate means of demonstrating our opposition to the Pinochet regime, but there is no difference of principle between the position stated in Harberger's letter and our own. Professors Stephen K. Bailey, School of Education Brian Berry, School of Design Harvey Brooks, Kennedy School James Duesenberry, Economics Samuel Huntington, Government Nathan Keyfitz, Sociology Stephen Marglin, Economics John Montgomery, Kennedy School Richard Musgrave, Economics Dwight Perkings, Economics Thomas Schelling, Kennedy School Peter Timmer, School of Public Health Raymond Vernon, Business School David Maybury-Lewis, Anthropology HIID Institute Fellows Clive Gray...