City Quote by Letitia James
“New York City must divest the hundreds of millions of dollars we have invested in Walmart for far too long, dollars that are only fueling violence and undermining the greater public interest. Once our nation's largest city does so, I know other states and municipalities will follow suit.”
About This Quote
Source Speech: Press conference, New York City, 2023
Divesting from Walmart is urged to stop funding violence and protect public interest, hoping other governments follow.
In simple terms: Stop investing in harmful companies.
Divest to reduce harm.
Themes
Mood
Type
When to use this quote
- city budgeting
- municipal investment decisions
- activist campaigns
Key Concepts
Questions to Reflect On
- How can cities balance ethical investing with economic stability?
- What alternatives exist for responsible investment?
Counterpoint: Economic impact on jobs and tax revenue may be significant.