Divestiture misunderstanding Via Eschaton. D-Squared

Divestiture misunderstanding

Via Eschaton.

D-Squared claims that there aren’t significant numbers of companies from the Arab world to divest from if one followed Friedman’s line of reasoning.

I responded in the comments:Actually, much of the disinvestment movement for Israel is addressing joint ventures and subsidiaries in Israel. Applying the same rules to the Arab countries would mean disinvestment from ExxonMobil (not a bad idea on environmental grounds) Pepsico and a whole assortment of others.

Generally, companies with significant operations would be covered and we have many companies that do that. Coca-Cola was a significant target during South African divestiture.

I’ll add Unocal and the Burma situation as well.