Contents: What's Wrong in South Africa • Questions and Answers • Penn invests $43 million on corps. that support the S.A. police or military • FAILURE TO ACT IS AS IMMORAL AS ACTING IMMORALLY • Leaflet issued as part of a campaign to get University of Pennsylvania to divest from companies doing business in South Africa. Four years ago, in response to student demands for total divestment, the University vowed to initiate a policy of partial divestment. Penn's Trustees promised that the University would consider, on a case-by-case basis, divesting from the corporations that do business with the South African police or military and corporations that refused to sign...
Contents: What's Wrong in South Africa • Questions and Answers • Penn invests $43 million on corps. that support the S.A. police or military • FAILURE TO ACT IS AS IMMORAL AS ACTING IMMORALLY • Leaflet issued as part of a campaign to get University of Pennsylvania to divest from companies doing business in South Africa. Four years ago, in response to student demands for total divestment, the University vowed to initiate a policy of partial divestment. Penn's Trustees promised that the University would consider, on a case-by-case basis, divesting from the corporations that do business with the South African police or military and corporations that refused to sign the Sullivan Principles. While dozens of universities, colleges, and local government have completely severed their ties with apartheid during this time, Penn has made a mockery of its limited guidelines. In the last four years: Penn has more than tripled its investments in apartheid. It has divested from one company: a tiny producer of Tupperware which employs fewer than 20 people in South Africa. Penn has continued investing in one corporation that refuses to sign the Sullivan Principle and in at least five companies that provide strategic services and supplies to the police or military. The leaflet mentions land, voting rights, income inequality, the pass system, education, forced removals, infant mortality, repressive laws, IBM (International Business Machines), ARMSCOR, Ford, General Motors (GM), and General Electric (GE).