Divestment and Disinvestment from South Africa: A Reappraisal
基于在南非的两年研究,本文重新审视了支持与反对从南非撤资的常见论点,发现其经济影响微弱,主要影响是象征性的,因此美国公司的决策应基于道德和价值考量,包括倾听南非黑人的需求。
Based on the authors' two-year research project in South Africa, this article examines the common arguments favoring and opposing disengagement (the strategies of divestment and disinvestment are considered together as disengagement). It finds that the traditional pro- and anti-disengagement arguments are weak, if not invalid. The primary impact of disengagement or engagement is symbolic, not economic. This means that the decisions made by American firms should be based primarily on moral/value considerations. If these considerations include a commitment to ending apartheid and helping South African blacks, then active listening to blacks' needs should be an important step.