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No Profit From Genocide

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  • No Profit From Genocide

    NO PROFIT FROM GENOCIDE
    By Beth Tellman

    The Santa Clara, CA
    May 24 2007

    Genocide. Genocide. This word should shock us all, the way it seems
    to shock a portion of humanity every time it occurs: the Holocaust,
    Armenia, Rwanda, Cambodia. Never again, never again, never again.

    The long record of genocide is one of overwhelming acquiescence, but
    this time, ordinary citizens are trying to write a different ending.

    By now, it is my hope and reasonable expectation that every student
    at this school has heard of the genocide in Darfur.

    Though a genocide of 500,000 people and displacement of over 2 million
    more can seem overwhelming, Santa Clara students decided to make
    a difference.

    For one week in October, students slept in a refugee tent in front of
    Benson, wrote letters to government officials and raised thousands
    for humanitarian aid groups in Darfur. Not only were our efforts
    recognized by nearly every local news media outlet, but by national
    newspapers as well. The New York Times mentioned us on Jan. 16,
    in Nicholas Kristoff's article, "Car Washes and Genocide."

    Other students at Santa Clara replicated a mini refugee-camp and
    slept in it. They limited themselves to 1,000 calories a day because
    that's what Darfuris are limited to. Afterward, the students donated
    the savings to aid groups.

    Then we took it a step further. We decided to explore divestment
    movement.

    The divestment movement literally entails selling stocks and
    investments in companies that abet genocide in Darfur. The movement
    attempts to mold both company and country behavior. When companies
    lose investments, they are forced to change their unethical ways in
    order to continuing making economic profit. Otherwise, divestment
    will run them into the ground.

    Twelve states, including California, have sold all stocks in companies
    such as PetroChina, Rolls Royce and Sudatel, all of which promote
    and perpetuate the genocide in Darfur.

    Sudatel, for example, is a company that controls cell phone service
    in Darfur. Before militia attack a particular village, they notify
    Sudatel which village they plan to bomb. Sudatel then shuts off phone
    service so families and neighbors cannot communicate with each other.

    As the militia goes from house to house, one family cannot notify
    the next of the coming onslaught.

    Harvard, Yale, Stanford, the entire UC system and a slew of other
    universities active in stopping genocide in Darfur have already
    divested.

    Santa Clarans for Social Justice followed a targeted divestment model
    when seeking to remove all Santa Clara-owned stocks and investments
    in companies promoting the genocide in Darfur. SC4SJ focused on the
    24 worst companies in their investigation. The list of offenders
    included those who were resistant to change via shareholder activism,
    as well as companies which did not benefit the majority of the Darfuri
    population. The last thing we wanted to do was cripple the Sudanese
    economy and cause massive layoffs of Darfuris.

    These divested states and schools make headlines in American newspapers
    analyzed by Sudanese politicians.

    Additionally, divestment creates a modeling effect as university
    and socially responsible mutual funds compete to stay ahead of the
    ethical curve.

    My fellow Broncos, I am happy to announce that Santa Clara is far ahead
    of the ethical curve. We are not invested in Darfur, and we never were.

    After a three-month-long process of obtaining company information
    from the Sudan Divestment Task Force and a series of e-mails and
    meetings with the university's Chief Financial Officer John Kerrigan,
    SC4SJ recently received the news that Santa Clara's investing policy
    is socially responsible and in no way abets genocide in Darfur.

    Though we did not have to run a formal divestment-campaign, the
    inquiry process forced our group to educate ourselves on the issue
    and find a place where business meets social justice face to face.

    I am blessed to attend a small university where CFOs meet with students
    challenging and questioning investment policies. I am honored to work
    with intelligent, passionate students who choose to spend their free
    time putting an end to genocide.

    However, the fight is far from over. Genocide is still happening. The
    international community has allowed this genocide to continue for
    four years; you are a member of this international community. What
    have you done to stop genocide today? How will you make sure that
    "Never again" is not another shallow cry?

    Beth Tellman is an individual studies major with an emphasis in
    sustainable globalization.
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