L.A. out of Darfur

first_imgTHE Los Angeles City Council has a history of passing meaningless resolutions about issues it has no control over, such as the war in Iraq. But last week’s decision to take a stand against genocide in Darfur, Sudan, is an exception to the trend. In this case, city government actually does have some jurisdiction – as well as an obligation – to act. Mayor Antonio Villaraigosa and the council have announced that the city’s pension fund will divest the approximately $27 million currently invested in companies that do business with or in Sudan. While the city’s divestiture will likely make little difference by itself, it’s significant in a collective sense. As more and more companies and countries break ties with the war-torn country, that will surely influence how the war plays out. Financial divestiture does work: just look at how it helped end apartheid in South Africa. This time L.A.’s meddling in international affairs actually serves a purpose, and a worthy one at that. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more