Donald M. Solomon, who also once headed HRAAA,said "It's was getting to be a little to late forHarvard to divest, because even if Harvard diddivest it couldn't claim any moral superiority forhaving done so."
And Wolff said," The world has changed in sucha way that divestment is not longer a centralelement in the struggle against apartheid."
Just as the issue of divestment has become moreclouded in recent years even for HRAAA associates,the University has simultaneously increased itsstake in South Africa.
In fact, from June to December of last year,Harvard's investments in companies with ties toSouth Africa soared by $90 million to $20 million,largely due to new purchases of the stock inpharmaceutical and healthrelated companies.
And the latest annual report from thecorporation Committee on ShareholderResponsibility suggests that the University policyof selective divestment may be the close toextinction.
Thought HRAAA maybe giving up its battle fordivestment the group has long stated it has otherissues on its agenda. Now the group may be theshifting its energies from South Africa to otherissues of social responsibility regarding theUniversity.
A possible outgrowth of this shif