New Yorkers Are Pushing Their State to Stop Investing Millions in Israel Bonds

https://truthout.org/articles/new-yorkers-are-pushing-their-state-to-stop-investing-millions-in-israel-bonds/

21 points · 2 comments · view on lemmy.world

2 Comments

jaybone@lemmy.zip · 2 pts · 19d (1 reply)

Does this actually do anything? Like when protesters want university trusts to divest in stocks they don’t like? You would need a massive majority of investors to drive down demand and hence price, right? And even then, someone without scruples, like say Russia, would just buy them all anyway right?

Alwaysnownevernotme@lemmy.world · 1 pts · 19d

The market is much more intrinsically tied to image than it is to outcomes.

To the point that "marketing" is a significant sector of the economy.

So yes. It works.

https://en.wikipedia.org/wiki/Disinvestment_from_South_Africa