Word: questioningly
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Dates: during 1970-1979
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...financial well-being of this university. It is rather, Mr. President, to express my surprise that a university dedicated, in your words, to a "continuing critique of our values, our behavior, our institutions, and our social practices" commits so little of its resources to study and instruction on this question. The Economics Department, where one might logically expect to find this continuing critique, is rather more committed to making capitalism work smoothly that to subjecting it to basic critical evaluation. The economics of institutional racism, imperialism, and much else that might go into such a critique figure as little...
...second question that I'd like to address is the question, should companies expand by investing in South Africa? I think the answer to that question should be no. The reason is that while the existing assets will be used, if not by us, then by others, it seems to me no reason to expand the assets and the wealth of the South African economy by investing now in view of the serious risks. Conditions will deteriorate in that country in the very near future, and those assets will be used to the detriment, rather than the benefit, of black...
...third question, which the ACSR has wrestled with, and which I have wrestled with as well, is, should we sell the stock? I think the answer to that question should be no. And the reasons are, or among the reasons are the following...
Finally, I would like to address some remarks to the question of what has been going on, and what will be going on this spring with respect to the South African issue, assuming that there is no change in the policy of the Corporation. First, in January, the ACSR issued a report on the question of actions that a university should or should not take as a shareholder. I'd like, in view of remarks that have been made about this report, to say several things about...
...second thing is that it was a response to a specific question put to the ACSR that was not put only with respect to the South African issue, and that question was, should Harvard, and if so under what circumstances, be in the position of initiating shareholder resolutions? And it was in that context, and I feel that it is important for me to some extent to defend my colleagues on the ACSR, it was in that context that we chose to go back and consult the historical documents and the evolution of the thinking on the University's appropriate...