BDS against Israel, and formerly against South Africa, used the three-part formula of Boycott Divestment Sanction. Divestment, as used by 350, omits boycott and sanction, and limits divestment to meaningless, symbolic acts.
When it comes to the 350 agenda, they leave out the boycott of fossil fuels, and the sanction of fossil fuel corporations, and instead press for divestment by institutions like colleges and universities. All this divestment does is make once publicly-held shares available on Wall Street, which allows trading houses like Goldman Sachs to further consolidate their control of the industry.
BDS, when applied against apartheid states by other states and international institutions, includes cutting off access to finance, as well as penalties for crimes against humanity. What makes 350 so devious, is that they hijack public emotions (and ignorance) using phony “divestment” as a disorganizing tool to redirect activism away from effective work.
The inheritors of the Standard Oil fortune (Rockefeller Brothers) would not be funding 350 were they not thus disempowering their naive followers.
Enchanting as the chimera of clean energy might be, it doesn’t scale to meet energy demand, and its use by marketing agencies like Avaaz, Purpose and 350 is to perpetuate the misbelief that Wall Street — which caused all our social and environmental problems — is our only hope for salvation. Sort of a New Age Ghost Dance.
The library is dedicated to the memory of Secwepemc Chief George Manuel (1921-1989), to the nations of the Fourth World and to the elders and generations to come.access here