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Shareholders Squeeze Cisco on Human Rights

Comatose51 writes "According to this article at Wired, Boston Common Asset Management, has filed a shareholders resolution asking Cisco to 'adopt a comprehensive human rights policy for its dealings with the Chinese government, and with other states practicing political censorship of the internet.' Cisco so far has asked the SEC to omit this proposal from the agenda for the next annual meeting, claiming that it already has a comprehensive human rights policy in place and that 'Cisco does not participate in any way in any censorship activities in the People's Republic of China ...' However, 'a report from the OpenNet Initiative watchdog group last April singled out Cisco for allegedly enabling the Chinese government's notorious "Great Firewall."' As a shareholder in Cisco, I would like to see this issue discussed and voted on."

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  1. as someone that actually lived in china... by jjn1056 · · Score: 5, Interesting

    for 18 months I can tell you the great firewall is a serious problem. Not only does it block news and political sites (as well as tons of other stuff that can only makes you say huh?) but the increased latency makes VoIP and IM quite spotty.

    It slows down the entire internet outside of china, even if the website is not being blocked.

    Even if you pay for a proxy server outside of China, this is a serious pain that impairs any Internet related business.

    I will never buy Cisco products, or any other company that is involved in it.

    Perhaps it would be better to boycott companies that are big buyers of Cisco products? This worked pretty well in Forcing the South African Aparteid Goverment to change.

    Anyway, after living in China I am not convinced they are on their way to a huge bubble and collapse. Sure, I see tons of new buildings and businesses, but there are also tons of scams and empty buildings. I wonder if they will not soon overdevelop beyong their capacity to use? Well, I guess we will just see.

    --
    Peace, or Not?