Capitalists Wreak Havoc at Cornell (Not)
This is what capitalism does. And some still want communism?
Cornell Review reports.
Capitalists Wreak Havoc at Cornell By Donating Millions of Dollars
Those dastardly capitalists are at it again.
In late June, Cornell’s Department of Biomedical Engineering received a $50 million gift from the Meinig family, prominent benefactors of the University. Peter Meinig ’61, a former chairman of Cornell’s Board of Trustees, is a business executive with a broad range of positions and titles, perhaps most notably acting as CEO of HM International, a holding company with a diverse portfolio of manufacturing, energy, and consumer goods businesses.
This damaging blow is reminiscent of last year’s capitalist onslaught in the form of a $50 million check from billionaire hedge fund manager David Einhorn ’91 and Fortune 500 company Verizon’s crippling $50 million gift to Cornell’s NYC Tech Campus. Somehow Cornell managed to survive, but surely another multi-million dollar donation might just be the last straw.
As the overwhelming majority of Cornell students and faculty would lead you to believe, each zero added to the sum of money in a donation to Cornell from a capitalist or a business is a fiery salvo aimed directly at the Ivory Tower of Academia.
But, fear not and quell your trembling, comrades: the Red blood of the Revolutionary vanguards remains untainted. As a shining example, do not forget that at the May Day protest last spring, when a group of protesters occupied a street intersection on campus for several hours and then stormed into President David Skorton’s farewell party, a grad student said they were there to “obstruct capital flows across campus.”
Capitalists Wreak Havoc at Cornell By Donating Millions of Dollars (Cornell Review)