Hampshire students urge their cold-feet administration to ‘embrace the moment’ of divestment

Yesterday the Hampshire College administration was trying to distance itself from the monumental action the school's Board of Trustees took in divesting from the Israeli occupation. Today Hampshire students have responded.

From the SJP statement:

Divestment from Apartheid South Africa did not prove politically popular in 1977 when Hampshire became the first college in the U.S. to take a stand.  It is to be expected that the first of any movement faces great pressure and criticism. SJP is disappointed that the college is choosing to shy away from the political implications of its action rather than embrace this moment. Regardless, a week ago Hampshire College was invested in the Israeli occupation of Palestine. Today, the college is no longer complicit in the funding of this injustice.  This is an irrefutable fact and a historical victory that calls for both celebration and support.

Here is the entire response:

Below is SJP's response to Hampshire's administration's "clarifying statements." Although the college may now be seeking to avoid political fallout, the implications of divestment led by SJP is lost on no one:

Students for Justice in Palestine (SJP) wishes to respond to the “statement of clarification” issued by Hampshire College’s president and chair of the board of trustees regarding Hampshire’s recent divestment from the State Street mutual fund. SJP wishes to shed light on the college’s withdrawal from the fund by presenting a chronology of events.

On May 8, 2008 SJP presented a proposal to the Committee at Hampshire on Investment Responsibility (CHOIR), a subcommittee of the Board of Trustees’ investment committee. The proposal was to divest from six companies due to their activities in the occupied Palestinian territories. On May 16, 2008 SJP made the same presentation to the full Board of Trustees, urging them to divest from the six corporations. On August 26, 2008 CHOIR voted “to recommend to the investment committee that Hampshire College divest of the following six companies: Caterpillar, Terex, Motorola, ITT, General Electric, United Technologies based on full consideration of the presentation by SJP.” This is a direct quotation from the CHOIR meeting minutes.

After this recommendation, the Investment Committee made the decision to divest from the mutual fund that held these companies. On Feb 7, 2009, the Investment Committee informed the Board of Trustees of its decision to divest. The administration denies that the decision was made in response to any concerns about any particular “region” or “political movement;” however SJP was explicitly asked by the administration what companies to avoid in the future in terms of the Israeli occupation of Palestine. This fact illustrates that the Israeli occupation and SJP’s work were undoubtedly the primary reasons for the decision to divest.

Furthermore, the violations of the other 200 companies cited by the “statement of clarification” were only researched days before the investment committee’s decision to divest from the mutual fund. For eight and a half months the only specific companies in the State Street fund that were discussed were the six companies SJP targeted. These facts prove that the decision was made on the grounds of the six companies’ involvement in the occupation of Palestine. We can only assume the reason the Board and administration chose to depoliticize this decision is because of the volatile nature of the Palestinian-Israeli conflict.

At the time of SJP’s original proposal to the Board, the College’s policy on socially responsible investment had not been revised since 1994 and the Board was considering dissolving the committee on investment responsibility. It is clear that if SJP had not introduced its divestment proposal, the college would still be invested in the State Street mutual fund.

In sum, Hampshire College divested from the mutual fund for many reasons, yet the Palestine-Israel conflict was the most prominent reason behind divestment; the decision to divest was not outside of the context of SJP’s efforts.  It does not matter if the Hampshire administration issues a public statement condemning the occupation; the Hampshire community understands how and why we came to divest.

Divestment from Apartheid South Africa did not prove politically popular in 1977 when Hampshire became the first college in the U.S. to take a stand.  It is to be expected that the first of any movement faces great pressure and criticism. SJP is disappointed that the college is choosing to shy away from the political implications of its action rather than embrace this moment. Regardless, a week ago Hampshire College was invested in the Israeli occupation of Palestine. Today, the college is no longer complicit in the funding of this injustice.  This is an irrefutable fact and a historical victory that calls for both celebration and support.

About Adam Horowitz

Adam Horowitz is Co-Editor of Mondoweiss.net.
Posted in BDS, Israel/Palestine

{ 16 comments... read them below or add one }

  1. MM says:

    President Obama apologized but could not offer any comment on the decision by Hampshire College, as he was too busy declaring that Iran is about to get the bomb.

  2. Susie Kneedler says:

    I'm sending a contribution to Hampshire with a letter of support.

  3. Eve says:

    While somewhat disappointed by the distancing of the Trustees, I am proud of my alma mater. I will be donating more next year than I did this year.

  4. Citizen says:

    Hasbara crowd, e.g., chris berel, Thom, Suzanne and the others Israel employees who came to this blog so recently to stifle and confuse
    the obvious nature of the attack on Gaza, what do you all have to say about the SJP statement responsive to the Hampshire College's official
    "statement of clarification"?

    SOG, you too.

    Come on, we regulars need some entertainment. You know, your usual, turning simple justice on its head? Spare the name calling, and other personal attacks though–try not to be inane and boring, trite and irrelevant.

  5. marc b. says:

    I already give to my own alma mater, but in recognition of Hampshire's efforts I have made a donation to this site for bringing me the news.

  6. Suzanne says:

    I heard back from the public relations handler for the Hoard of trustees. Boy, are they scrambling around trying to look impartial on this one. haha!

    Dershowitz is going to clean the floor with them and I will support him in any way I can.

    I hope it turns into a nationwide campaign against SJP. Put the gloves on baby!

  7. Kathy says:

    SJP's statement is eloquent. I too have made a donation to Hampshire in recognition of their efforts (one can make a donation on-line).

  8. Susie Kneedler says:

    Thanks for saying that, Kathy: that's what I did too:

    https://alumni.hampshire.edu/giving/waysToGive/giveOnline.aspx

  9. marc b. says:

    haha!

    What, no capitalization and only one exclamation point this time? HAHA. LOL!!!!!!! Feeling a bit under the weather are we? My but are you repulsive.

  10. chris berel says:

    Marky, it appears that only one exclamation need be wasted on idiots like you.

  11. Julian says:

    "Alan Dershowitz has just called SJP members and has threatened to start an international campaign to divest from Hampshire College – we need your support! We will be beginning an international fundraising drive to help Hampshire the negative backflash for this stand against the illegal occupation of Palestine. We will also have other ways to support us."

    What a load of crap. How many members did Dershowitz call? Who were they?
    I can just imagine Dershowitz calling a bunch of 19 year old kids to argue with them.

  12. Duscany says:

    Julian: "I can just imagine Dershowitz calling a bunch of 19 year old kids to argue with them."

    You're probably right. He most likely just called the students' dads, told them that their children's names were now in the ADL database and if they ever wanted to get jobs anywhere after graduation they had to stop and apologize to Israel right now.

  13. Thom says:

    @Dunce

    Oh, yeah, no anti-Semitism in Duscany. Nothing anti-Semitic about saying that some Jewish conspiracy keeps people from getting jobs.

    Dunce, if you (and I mean you personally, not the generic "you") are unemployed it is because you are a jackass, not because the Jews are out to get you.

  14. chris berel says:

    People like dunce is going to force phil to censor his blog. When the world discovers that Phil's main support come from antisemitic morons like Ed, Eva, Rowan, Martin, and Discany, it will be too embarassing for phil to post.

  15. Citizen says:

    If Phil's blog gets censored, it will be the likes of chris berel, SOG, and Suzanne that caused it. They are an embarrassment to any well-intentioned, moral jewish person, with their constant racist comments, trying thereby to confuse the thread of serious thought.

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    Thanks

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