Quote from: Hibush on April 25, 2024, 06:08:30 PMStudents at my school were really gung ho on divesting from fossil fuels a few years ago. They thought that news of our school selling all its oils stocks would galvanize the CEO and BoD of Shell, Exxon et alia to change their business model and go to renewables in order to win back our holdings. That seems like a fanciful expectation. More so when you realize that our holdings represented several minutes of trading in those securities on the NYSE, so even if they got dumped in a single market order, it wouldn't even blip the share price. There would be nothing for the CEO to notice.
QuoteSince the video's release, Invisible Children has come under criticism for oversimplification of events in the region and has been accused of engaging in "slacktivism", in which a person donates or takes actions that have little to no effect beyond making said person feel as if they contributed to a positive cause.