The demand for institutions to divest their holdings of shares in firms located in “bad” countries looks like more of the silly posturing that merely makes activists feel good and gets them attention. So Harvard no longer owns those stock shares. Other people or institutions bought them. That barely, if at all, affects even the companies whose stock was exchanged; how it punishes the government of Israel is awfully hard to discern.
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About the Author
George Leef is the director of external relations at the James G. Martin Center for Academic Renewal. He is the author of The Awakening of Jennifer Van Arsdale: A Political Fable for Our Time.
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