Word: transferals
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Dates: during 1980-1989
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MacMichael's assertion that the U.S. had no evidence of any such transfer during that time was crucial to the case, Chayes said, because the U.S. used that link to legitimize its efforts to destabilize portions of the state, and a 400-foot radio tower was toppled in Framingham...
Spider Woman turns on Molina's love for Valentin. Without giving too much away, the pair's involvement results in a kind of personality transfer. Molina, upon release from prison, sheds his early effiminate ways to become a classical hero, sacrificing himself for the ideals of his friend. Valentin drifts off into fantasy, easing the pain of another police beating by dreaming of a deserted island and his girlfriend...
Divestment is not at issue here. But it is important to recognize that it is indeed possible to fight racial segregation morally and reasonably even without resting complete confidence in the transfer of stock holdings from one American investor to another. There are, suprisingly enough, ways for moral institutions to contribute to the fight against apartheid other than by slapping the wrists of American corporations...
...Total divestment would be ineffectual because it would result merely in the transfer of stock to other investors. It would be ineffectual because the companies in question conduct only a small portion of their business in South Africa and account for only a small portion of South Africa's total industrial base. It would be ineffectual because in one defiant, symbolic move, Harvard would relinquish its material influence in South Africa...
...greater weakness in the strategy of divestment, however, is its assumption that selling stock will somehow force companies to leave. In fact, divestment merely transfers shares from one stockholder to another without bringing any effective economic force to bear on management. Thus, it Harvard had sold its stock at any point in the last 10 years, as we were repeatedly asked to do, apartheid would still remain intact. The only difference would be that the University would have lost the influence we currently possess to try to persuade companies to oppose apartheid and improve the lot of their black employees...