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The Indicator from Planet Money

Protesters want schools to divest from Israel. How would that work?

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 2 May 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

College campuses nationwide are erupting with protests against Israel's war on Hamas in Gaza. A consistent theme among these actions: a call for university endowment "divestment."

Today, we unpack what that means and how divestment would work. Plus, we hear from an expert who explains why divestment might not have the effect that many believe.

Related episodes:
Why Israel uses diaspora bonds (Apple / Spotify)
How much of your tax dollars are going to Israel and Ukraine (Apple / Spotify)

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Transcript

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0:00.0

NPR. This is the indicator for Planet Money, I'm Adrian Ma, and I'm Darien Woods.

0:15.9

This morning another campus protest was broken out.

0:19.8

Police in Los Angeles cleared out a pro-Palestinian encampment at UCLA arresting

0:29.0

hundreds of people demonstrating against Israel's war with Hamas in Gaza.

0:34.0

And this is just one of the latest examples of attention that's

0:36.7

roiling campuses across the country.

0:39.0

And while the places and details might vary,

0:41.0

there's a consistent theme across all these protests, and that's a call for divestment.

0:46.0

What do we want?

0:47.2

That's what do we want it?

0:49.2

Now!

0:50.2

And if we don't get it!

0:51.9

Shut it down! Shut it down.

0:54.0

Today on the show, we unpack that term, divestment,

0:58.0

what it means, how or even if it can work.

1:03.2

And we hear from an expert who explains why divestment might not have the effect

1:07.3

many believe. Support for this podcast and the following message come from Wise, the app that

1:18.0

makes managing your money in different currencies easy. With Wise you can

1:22.3

send and spend money internationally at the mid-market exchange

1:26.4

rate, no guesswork and no hidden fees. Learn more about how WISE could work for you at

1:32.0

WISE.com.

1:33.8

Last year, over 20,000 people joined the body electric study

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