UCSB and every university in the UC system has a way to make gun manufacturers pay for their craven ways. Just as pressure was placed on South Africa in the 80s, so too should they begin to make investment decisions with their university endowments that divest themselves of every investment that is associated with gun manufacturers.
The Nation:
There is a solution, and it starts with putting economic pressure on the gun industry. The companies that manufacture guns and ammunition and the NRA are responsible for the United States having the weakest gun laws among modern democracies. Last April, a few months after the Sandy Hook massacre, the gun lobby killed legislation to extend background checks for gun sales, ban assault weapons and limit the size of guns’ ammunition magazines.
The NRA has even used its political clout to block medical and academic research that would help us understand and end the epidemic of gun violence. According to ProPublica, “Since 1996, when a small CDC-funded study on the risks of owning a firearm ignited opposition from Republicans, the CDC’s budget for research on firearms injuries has shrunk to zero.” Last week, Senator Ed Markey (D-MA) filed a bill that would fund the CDC research. The NRA issued a statement calling Markey’s bill “unethical” and an “abuse of taxpayer funds for anti-gun political propaganda under the guise of ‘research.’”
Although the NRA likes to portray itself as representing grassroots gun owners, only about 4 million of the 90 million American gun owners are NRA members. The bulk of the NRA’s money comes from gun and ammo manufacturers that donate millions of dollars to further political obstructionism and fear-mongering among a small but vocal minority of gun owners. The gun makers’ profits—and the profits of Walmart (the nation’s largest seller of guns and ammunition) and other retailers—grow when there are few restrictions on the sale and ownership of guns and ammunition.
“There is a lot of profit to be made for all of this sorrow, all of this death, and all of this destruction,” said Dr. Sheldon Teperman, director of trauma surgery at the Jacobi Medical Center in New York City, who routinely deals with gunshot victims and who was interviewed for a video urging people to unload gun companies from their 401k investments.
Students at UC Berkeley led the charge in the 80s for divestment from South African companies, even when they were opposed by the administration. They are now actively engaged in participating in a movement for divestment from the fossil fuel industry. These actions actually matter. They can make a huge difference in the political landscape, because money talks, and these universities have a lot of it.
UCSB is renowned for its academics. Now it should also step forward and lead on protecting students by maximizing its clout.
