On Protesting

I heard on radio news tonight that NYPD was sent in to end the occupation of that Columbia University building. BBC has it up too. I’m not sure university administrators have quite the right approach calling in police. Encampments on lawns seem a relatively innocuous way to protest a serious issue. Some colleges have permitted it. Some have promised an examination of investments. Others have escalated confrontations. Columbia and a few other places in the news have done the dumb thing. And did I read about someone advocating the involvement of the National Guard. That didn’t go well the last time, a half-century ago.

Let people protest peacefully as they see fit. It’s a good lesson of trust, especially for the bosses.

About catholicsensibility

Todd lives in Minnesota, serving a Catholic parish as a lay minister.
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1 Response to On Protesting

  1. liam0781 says:

    There’s certainly a difference between buildings and lawns, and university students have usually contractually agreed to comply with university policies as a precondition to matriculation – a fruit of the protests of the 1960s handed down to our own times. Non-university people don’t have a right of access to private university grounds, of course.

    Pay attention to the dogs that have not been barking for protests of recent decades: there is little to no vocal music. (“Hey, hey, ho, ho, [insert 4 syllables] has/have got to go” chants don’t count and are quaintly unimaginative – I guess demonstrating the nature of ritual in social activities.)

    When it comes to endowment investments, things are generally very different than they were 35-40 years ago. Much institutional investment is done, for fiduciary duty reasons, via a portfolio of index-based investment funds with liquidity/cash management and hedging bells & whistles, as well as various forms of screens for sanctions compliance and other compliance matters. Many public institutional endowments are subject to investment restrictions on anti-Israel BDS (Arab government endowments often contain mirror investment restrictions – it’s almost like anti-sanctions compliance). Depending on how broadly or narrowly investment restrictions are written in applicable laws, regulations, or investment guidelines, some investment advisors my have to use an affiliate to manage monies for clients. These days, looking at the having-our-cake-and-eating-it-too tensions between investment restrictions vs fiduciary duties (don’t even get me started on how often compliance with MW+OB desiderata would raise costs for beneficiaries), one can find oneself silent musing “all this, and heaven too?”. I am quite glad to be retired from this terrain.

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