Documente Academic
Documente Profesional
Documente Cultură
Felix Clarke
Oliver Northover Smith
Graphical editor
Max Beech
Section editors
Samuel Lewis - Politics
Calvin Ngwena - Politics
Jonathan French - Economics
Jason Roy
Monarchy
Scottish Independence
Free-Market
European Union
Republic
Scottish devolution
Nationalisation
European exit
ED
T
I
UN
O
D
G
IN
The
Future
of Britain
INTRODUCTION
Our world is characterised by prosperity. Stagnant
yet prosperous in the West, entrepreneurial yet poor
in the East. One is already prosperous, and one will
soon be.
Despite all this, we must not forget that growth is a
new phenomenon. Global emergence from subsistence
agriculture is a story of the last two hundred years.
One of the driving forces behind this emergence was the
beginnings of the study of a new subject Economics. Men
now began to study the most efficient way to allocate the
resources our societies were blessed with. Adam Smiths
1776 book, The Wealth of Nations is seen as the very
beginning of this process, but people are oft to forget
David Ricardo, the second great classical economist, whose
contributions are arguably superior to those of Smith.
Ricardos theories on trade and pricing have founded the
modern world of commerce and to him we are all in debt.
This journal is called The Ricardian because we believe
that knowledge about the processes that allowed us to be
prosperous is essential for us all if we are to perpetuate our
prosperity in the face of serious challenges.
Over the next few years, Britain faces enormous
challenges which she will have to confront. As senior
editors of this publication, we have brought together
some bright young minds to theorise about our
nations future as well as judge her past. Some
will argue that the free markets promoted by
the classical economists fail to achieve all of
societys goals. Others will try to persuade
us that we make better decisions left to
our own devices. The important thing
is that we gather knowledge to make
informed citizens of ourselves so we
can tackle the challenges ahead.
CONTENTS
Politics
05
06
06
07
09
10
12
12
14
15
16
17
18
53
55
56
57
18
23
62
Economics
22
22
24
24
25
26
27
28
29
History
32
32
34
35
35
36
38
40
Society
47
47
49
51
52
17
POLITICS
What is politics? To some it brings about an emotion of apathy. Others become filled with rage and anger
at the mention of politics. They relate it with upper class elitists who do not concern themselves with the
issues of ordinary people but see it as a way to further their own selfish aims.
Admittedly there is a degree of truth to this, but I feel that politics is the most important element of society. It is a
discipline in either study or real life application which provides a forum for people to express their own opinions,
challenge and debate each other on key issues which are of significant personal importance. Politics also allows
for citizens to place other subjects of academia into real world application. Think what impact ideologies such as
conservatism would have made if there was not a system which allowed these ideas to be presented and implemented
in a practical manner. As Plato so famously put it, One of the penalties for refusing to participate in politics is that
you end up being governed by your inferiors.
With the General Election here in the UK less than a year away, Britains two major political parties must now
fight hard if they are to overturn the rise of UKIP that was highlighted by the European elections earlier this year.
Before that there is the Scottish Referendum. The result of this will not only be of great importance in the UK, but
throughout Europe and the rest of the world as various states try to claim independence themselves. So much now
rests on the General election and the Scottish Referendum that both can at least be expected to have large turnouts.
The best
Government
ever?
Rupert Fitzsimmons
Thatcherite
economic
policies... saved
the UK economy
While it may seem disappointing that
the politicians have, yet again, seemingly
failed to deliver, I strongly believe that
the hung parliament of 2010 was the
best thing that could have happened
to our country. We were experiencing a
period of horrific economic downturn
following the recession of 2009 and
none of the major parties, with the
possible exception of the Conservative
Party with the fiscal faculties of George
Osborne, would have really known what
to do. Labour would almost certainly
have failed due to its unwillingness to
make cuts and had, so goes the Tory
line, already managed to wreck the
economy. The Lib Dems were proposing
rabble-rousing reductions in tax which
certainly would not have remotely
helped with the deficit. The LiberalTory coalition, however, resulted in,
due to the necessity for stability, a very
satisfying compromise of compassionate
quasi-socialist social policies from the
Lib Dems with the Thatcherite legacy
of neo-liberal fiscal policies from the
Tories - a match made in heaven for
a failing country. Furthermore, as an
obvious result of coalition, the overall
philosophical outlook naturally drifted
towards a centrist position. Fortunately,
in contemporary politics, centrist views
appeal widely and, thanks to Thatchers
undeniable success, have adopted
POLITICS
Is it time to
abandon the
EU?
Tim Foster
In support of a
spoilt ballot
Will Cowie
The problem
with UKIP
Eddie Mitchell
POLITICS
easily understood. Such rhetoric feeds
the prejudices of the desperate and
focuses their anger.
Immigration damaging the economy is
one of those convenient lies which seem
almost universally to be accepted, yet
this evidently isnt true. Far from being
damaging to the economy, immigration
is a solution to many problems that
would face this country if it were
further curtailed. On balance, recent
immigrants make a substantial net
contribution to the wealth of the UK and
many take jobs that would be hard to
fill otherwise. These are the conclusions
reached by researchers at UCL in 2013.
Immigration is a
solution to many
problems that we
shall be facing
Nigel Farage is always keen to show off his alternative approach to politics.
2015 Election:
party leader
profiles
Calvin Ngwena
DAVID CAMERON
The Prime Minister. The big-cheese.
Whatever adjective you want to use
there is no denying that Mr Cameron
has dominated the political arena for the
past few years. From his often criticised
austerity measures to his controversial
attempt to intervene in Syria, he has
been at the centre of political agenda.
Some would identify a need to address
the concerning rise of UKIP who are
seen to be drawing away traditional
voters from the Tory Party. Maybe this
is why Cameron recently gave a speech
about upholding British values and
possibly the reason behind Education
Secretary Michael Goves reform of our
educational system to teach our youth
more about the work of British men and
women. By prioritising these polices, it
may be seen as a way of keeping those
voters who feel that national values are
being lost at the expense of a tolerance
of a wide range of cultures. Only time
will tell whether this potential method
will continue and even reward the party
and Mr Cameron with a majority win in
the next general election.
NICK CLEGG
It seems as if nothing can go right for
the leader of the Third Party. Four
years ago people were backing the Lib
Dems, hoping for an alternative to the
manifestos of the two main parties. The
leader of the party, however, is perceived
to have no integrity as he backtracked
on his objection to a rise in tuition fees,
a decision which alienated the majority
of Lib Dems supporters. That is not to
say Nick Clegg has not tried to improve
our political system. A valiant attempt
ED MILIBAND
Some could say it has been a rather
passive performance from Mr Miliband
since 2010. With the current Tory partys
Long term economic plan coming to
fruition with annual GDP growth for
2014 being forecast at 2.9%, hard times
lie ahead for the Labour Leader who
must convince voters that there is an
alternative option. But is there really?
Reportedly the Shadow Chancellor
Ed Balls even realises that the path of
austerity is a necessary policy in order
to keep the economy on track, making it
even harder for the party to distinguish
itself from the supposed dark (blue)
side. So what can Mr Miliband do now?
In the fall of 2013 it appeared that the
Cost of Living Crisis was going to be
the main driver of their new manifesto.
It embodied key principles of placing
priority with the vulnerable and forcing
the elite rich to pay back their fair share
NIGEL FARAGE
The political earthquake predicted
by Mr Farage may actually be coming
to fruition. After an impressive display
against Nick Clegg on the debate on
EU membership and a historic win in
the recent European election, it sparks
the possible demise of the two- party
dominance which the Conservative
and Labour Party have held for over
100 years. So whats next for the new
star of UK politics? Reports claim that
he is planning to secure up to a dozen
seats in the next general election, a
plan which will unfortunately gain the
party no significant power due to the
harsh reality of the First Past the Post
electoral system but will aim to push the
party in the right direction. Although
there have been damaging events which
have threatened to de-rail Mr Farages
political ambition including his recent
remarks concerning Romanians, no one
can deny the impact he has made in the
recent months on both voter opinion and
rival party leaders. If nothing else, hes a
master at pandering to the populist antipolitics vote. This just might be a string
to his bow.
POLITICS
A new direction
for Britain or
the same old?
Rupert Fitzsimmons
10
Labour victory
Milibands band of merry men
(and women and transgendered and
unspecified gendered individuals - as
every good Labour politician eagerly
points out) are currently leading
the polls (June 2014, with a score
of approximately 35%). This is not
an overwhelming majority, but it is
significant enough to suggest that Red
Ed is in with a chance of moving house.
One major problem, however, is that Mr
Miliband has yet to produce a coherent
outline of his philosophy and his policy
proposals. The only thing that we really
know the Labour Party would do if they
succeed in the General Election is swap
sides in the House of Commons; that
said, it is possible to predict some vague
outline of the future manifesto.
Policy-wise, it is unlikely that there will
be a change. Firstly, Jon Cruddas (head
of policy review for the Party) has said
that radical welfare reforms are on the
agenda for the Party - unfortunately
Cruddas clearly fails to comprehend
what the word radical means. He
states that the Party will increase the
level of scrutinising carried out when
determining the payment of benefits so
that there will be an even greater focus
on the existing salaries of applicants
when calculating the payouts - hardly
a revolutionary approach to welfare.
Second, based on the European Election
pamphlets delivered across the country
by the Party, it would appear that they
will have big focus on the family. This
will mean free childcare and reduced
living costs - living costs being the Partys
favorite point-scoring attack on the
Coalition Government. On the matter of
Europe and immigration in general, the
Labour opposition are highly critical
of the Conservative Partys approaches.
Despite this, there are great divides
within the Labour Party - there is
no overall set of policies. Hypocrisy
is the Labour Partys most defining
characteristic. One might speculate,
however, that the Party will ere on the
side of caution and state that they will
Conservative Victory
As is often the way with being in
government, making the tough decisions
day in day out, the Tories are not doing
too well in the polls. Realistically, unless
both UKIP and Labour make serious
mistakes and Clegg (a good old Tory
boy) remains the leader of the Liberal
Democrats it is unlikely - and it pains
me to write this - that the Conservative
Party shall win the election - however,
stranger things have happened in
politics so there is still hope.
11
POLITICS
The French
Exodus: A
retrospective
on President
Hollande
12
Francois Hollande
In 2008, as la crise loomed, French
government expenditure as a percentage
of GDP stood at an eye-watering 61.1%
of GDP, at that time among the highest
in the world. All this was going on
four years before the accession of Mr
Hollande. Reporting on Frances public
finances, The Economist amusingly
quipped that the French and their
benefits are like the Americans and
their guns. Despite the obvious flaws in
Frances long-established statist agenda,
you just cannot separate the French from
their allocations. In some senses then the
situation in France is understandable.
Where do we go
from here?
Oliver Northover Smith
Reading magazines as a
child, the schoolboys of the
19th century would imagine
the farthest corners of the
British Empire and envision
adventures and excitement.
Often, this would become a reality
the Indian Civil Services top level
13
POLITICS
has so much more to offer in the years
to come. Oxford, Cambridge, UCL and
the London School of Economics are
world-renowned names and have come to
endow Britain with a very high level of
human capital. Lawrence Summers, the
former Chariman of the Federal Reserve,
has argued that the real equilibrium
interest rate is under 0% - there is a
savings glut and nowhere to invest.
We need to make Britain a hub for all
the real loanable funds being churned
out by East Asian savers. Britain is
unquestionably the most accepting
and most tolerant society in the world.
Our immigrants are better assimilated
than those anywhere else in Europe,
even in the world. We need to continue
to do this a points based system to
attract the worlds best and brightest
to come to Britain would do well to
replace the unrestricted movement of
peoples in Europe. This would provide
fuel for the fire of British productivity,
which has long lagged other Western
European nations and the United States.
Moreover, this would go a long way to
paying for the vast unfunded liabilities
promised to the old and the sick by the
government. The answer, in a sentence,
is that Britain needs to be more open,
and realise that theres a world out there
beyond Europe.
British productivity...
lagged other countries
Britains strengths outweigh her
weaknesses. Though the public tires
of foreign intervention, Britain has a
distinctive place in the world in her own
right. The British need to find the sense
of confidence they lost after the Second
World War. We can bestride the world
again, but in new ways.
British media has recognition around
the world, while in luxury cars Britain
14
A problem at
the heart of
the American
Political
System?
Calvin Ngwena
15
POLITICS
to say there have not been attempts
to fix the wrongs done through past
enslavement. During the Reconstruction
after the civil war, federal government
tried to implement a number of policies
to increase the rights of former slaves,
such as extending the Thirteenth
Amendment to African Americans
and implementing affirmative action
under President Johnson in the 1960s.
These were however ferociously blocked
through state government actions
including Jim Crow policies which were
utilised by the Southern States in order
to maintain the idea of white supremacy.
In some peoples view this has caused
there still to be severe differences in
opportunity between African Americans
and White Americans, characterised by
a staggering 31% of African Americans
living in poverty, compared with only
11% of White Americans.
Nevertheless these are only two specific
problems. I have not mentioned the
problem of pressure groups activity
being possibly elitist, the troubling
levels of finance which fund election
campaigns or even the nature for
Presidents in times of crisis to extend
their powers and act against the laws
of the constitution. President Roosevelt
imprisoning
Japanese
American
citizens during the Second World War
due to military necessity showed
how Presidents have the ability to
questionably suspend citizens rights at
their own will.
Maybe nothing can be done. Maybe the
system of the supposed superpower of
the world is broken beyond repair. But
I hope that through reading this, you
will now look not only at the failings
of Congress but every other element
of US system to judge its effectiveness.
Since the end of the Cold War countries
around the world have looked to mimic
the US system. Perhaps its not that great
after all. Fair and reasoned appraisal of
its effectiveness is what is desperately
needed.
16
A Distinctly
Scottish Choice
Charlie Dransfield
Thursday 18th of
September 2014 is a date
that will remain in the
memory of the Scottish
people for decades to follow.
It symbolises a chance for independence,
which they havent had for centuries.
This Referendum will greatly affect
the average Scotsman in everyday life
no matter what the outcome of the
referendum turns out to be. According
to the SNP, on a purely superficial level
an independent Scotland would result in
about an extra 1350 for the Scottish
citizens to spend annually due to the
reduced taxes. This statistic is the sort
of thing that, put on the front page of
a local newspaper, may cause people to
vote yes.
Scottish
Referendum: the
International
implications
17
POLITICS: FEATURE
The Ricardian interviews Chris Grayling MP
Lewis Bizaoui, Felix Clarke and Oliver Northover Smith met Mr Grayling; Oliver writes:
The Ashtead Conservative
Party office, tucked in the
back of the high street
Conservative Club, is not a
glamourous place.
A pre-fabricated, rather dilapidated
building, this place is where Chris
Grayling spends much of his time.
It is clear that Mr Grayling much
prefers his constituency to the bustle
of London. Sitting down at half past
eleven, Mr Grayling had obviously been
working for a few hours. Indeed the
brevity of our encounter reflected upon
his saturated schedule (so much for
politicians being lazy!) We spoke to the
Justice Secretary across a put-up table
in the Conservative Clubs hall. Indeed,
the photographs of Mrs Thatcher on the
18
19
POLITICS
last year. Im afraid its the invention
of a left-wing pressure group, Mr
Grayling told us. The regime tightening
in prisons, including the removal of
SkySports and the ability to remove
televisions from cells, have enflamed the
left, Mr Grayling said. His idea of prison
is not watching the Sunday afternoon
match. When confronted with the idea
of there being televisions at all, however,
Mr Grayling was decidedly for the
access to leisure for prisoners. Prison
is a balance, between punishment,
rehabilitation and humanity. Is this not
a truism, though? It seems difficult to
discern what new ideas Mr Grayling has
brought in to the prisons debate.
Moving on to his previous work as Shadow
Home Secretary, we discussed the rise
of UKIP and the issue of immigration.
Immigration is a big concern was
Mr Graylings opening to his response.
On the other hand, he feels that the
anti-politics protest vote formerly
attributed to the Liberal Democrats,
is the reason for UKIPs popularity.
Chris Grayling sparked protest over his attempts to cut legal aid.
20
ECONOMICS
When one stops and thinks about the modern world, it is clear that Economics plays a critical role.
After a decade and a half of prosperity, high rates of economic growth are no longer a given and the economic policies
of various governments will play a vital role in their futures. One only has to look at the various issues currently
facing the UK to see this: the debate over a rise in the base rate of interest, the apparent housing bubble and the UKs
role in Europe are all economic issues.
Moreover, it is not only national and international issues that are connected to Economics. At an individual level,
Economics is the study of how best to allocate your resources. This is especially relevant in the UK with nearly 1.5
trillion of household debt. In a society where households are increasingly reliant on payday lenders to pay their bills,
an appreciation of Economics is an increasingly advantageous asset. Economics plays a vital role in everyones lives,
whether we like it or not. Hence, a recognition and appreciation of this can only be beneficial for individuals and
for society.
21
ECONOMICS
We live in a
meritocracy,
right? Wrong!
Will Cowie
22
Mark Carney:
One year on
Jan Thilakawardana
23
ECONOMICS
The case for fat
taxes
Matt Phillips
24
Austerity? What
austerity?
Felix Clarke
Cost of living
crisis: A real
issue or just
left-wing
propaganda?
James Eggington
25
ECONOMICS
remorse in shredding the Job Seekers
Allowance. With UKIP winning the
European Election and an underlying
concern among their supporters that
immigrants are off the system rather
than adding to it, this policy may
even win the Conservative party votes.
All we can be sure of is that, unless
Camerons long-term economic recovery
starts paying its dividends to the poor
of Britain, Milibands fears of a deep
cost of living crisis seem frighteningly
realistic.
26
The sinfulness
of sin taxes
Oliver Northover Smith
Is this economic
recovery too
driven by the
South?
Samuel Lewis
27
ECONOMICS
levels were negative in the year to
March. It must be noted that the biggest
improvement in the whole of the UK
was in the North-East (1.9%), although
this is partially due to the fact that the
region started in a much worse position
than areas such as the South-East which
still saw consumer spending growth
of 1.7%. This point demonstrates that
the economic recovery is being driven
by the South and very slowly feeding
through to the North.
The Southern-dominated recovery has at
least fed through to the manufacturing
sector which is predominantly based in
the North of England. This should be
good news for firms as bigger revenues
will result in more money available
for investment that can allow greater
production levels in the near-future
unlikely.
The need for recovery outside of the
South is, therefore, clear. Whilst it
seems fairly clear that the economy as
a whole is improving, it is not possible
to have sustainable growth without
improvements elsewhere. We have little
say on the recovery outside of our
borders. Therefore, we need the North
to recover soon so that the country does
not end up both unable to recover and
even more divided in terms of wealth
and the general standard of living.
28
Will we live
to regret
quantitative
easing?
Phil Haggart
of house-building, so any stimulation
here is very welcome. Stage two of helpto-buy, the mortgage guarantee, means
that the government guarantees up to
fifteen percent of the property value,
if the buyer provides a five-percent
deposit and the house is worth less than
600,000. By easing mortgage access,
the scheme further pushes up house
prices.
Adding heat to the housing market is a
particular concern because house prices
are prone to bubbles. House-price
inflation is often self-perpetuating, as
consumers see rising prices as a call
to buy, boosting demand. The housing
market can soon spiral out of control in
a series of destabilising boom-and-bust
cycles just what our fledgling recovery
does not need.
Like conventional
inflation, house-price inflation leads
to fiscal drag. As pointed out by the
European Commissions report, rising
house prices have pushed low-income
families into higher council-tax brackets.
The Government assures us that house
price inflation is driven by market
influences, rather than help-to-buy.
Indeed, only seven thousand mortgages
were completed using stage two of the
scheme in the first six months of the
scheme. More significant than help-to-
29
ECONOMICS
down effect on both the consumer
and business communities, leading to
increased stock market performance
and GDP growth. However, quantitative
easing forces investors to step into everriskier investments which could cause
an enormous blow in a subsequent
recession.
Back in 2001, the Bank of Japan adopted
the unconventional monetary policy
tool to fight domestic deflation. Interest
rates at the time were close to zero and
could no longer influence the economy
to promote economic growth. The BOJ
increased the commercial bank current
account balance from 5 trillion to
35 trillion (approximately US$300
billion) over a four-year period starting
in March 2001. With quantitative
easing, it flooded commercial banks
with excess liquidity to promote private
lending, leaving them with large stocks
of excess reserves and therefore little
risk of a liquidity shortage. However,
how successful was this?
30
HISTORY
1707. This date, obscure to many perhaps, illustrates perfectly why history is so crucial to consider
regardless of the field, be it politics, economics, finance or even sport. 2014 sees a referendum on Scotland
seeding from the Union, the very Union they joined in 1707.
History perhaps unravelling, history perhaps repeating...regardless, this subject is a vital pursuit for any academic.
Through studying the past we are able to trace patterns, themes and ideas through to the current affairs and events
discussed elsewhere within these pages.
Confucius, the great Eastern thinker, once said one ought to study the past if you would define the future. This is the
perfect spirit for one to approach history with, an open mind willing to embrace the past in order to make sense of
the present. In a year that commemorates the start of the First World War, the bloodiest conflict in the history of the
entire globe, it is apt that we take a serious look at history. Sometimes brilliant, sometimes exhilarating, sometimes
terrifying, history always has something to show us; be it something that we ought to do or to be, or something that
should never again be done.
31
HISTORY
Did Friedrich
Engels seriously
alter Marxism?
Sam Norman
Co-author of The
Communist Manifesto,
Friedrich Engels is often
overlooked, in favour of his
more famous partner, Karl
Marx,) when it comes to
the foundation of Marxism.
Yet, Engels himself had a significant
influence not only over the works of
Marx but over the ideology itself. His
writings, organisation of Marxs ideas
and his own comments on the works of
Marx may well have altered the focus
of Marxism and changed the meanings
of many of Marxs writings, if modern
historians are to be believed.
An area where this can clearly be seen
is in the Marxist interpretation of
history: historical materialism. This
term describes the Marxist view that all
history is based on the changing of the
dominant class- capitalists overthrowing
Friedrich Engels
32
33
HISTORY
Pillars of
Civilization
Ed Creedy
34
WWII POW
Camp Economy
Harry Jones
Robert A. Radford, an
economist who was taken
prisoner during the Second
World War observed that
markets may appear
spontaneously, evenly
during the worst of times.
However, can a POW camp
really be seen as a simple
economy?
Radford wrote in The Economic
Organisation of a POW Camp that he
found similar trends in the camp as to
a market stating a POW camp provides
a living example of a simple economy.
This idea initially developed because
prisoners wanted comfort from goods
as they were going through horrific
times. Prisoners were not aware of
what was unfolding within the camp;
such a market simply arose due to the
circumstances they faced. Each prisoner
was given a ration pack by the Red
Cross, which included basic foods and
cigarettes as well as private parcels
containing personal items. Prisoners
began to trade food and cigarettes and
it wasnt too long before different foods
were priced in terms of cigarettes.
Thus cigarettes became a type of
currency in POW camps. They could be
seen as a perfect substitute for money as
they were desirable (as most people were
addicted through stress), very light and
convenient in size. Even if a prisoner
did not smoke, he knew that the other
prisoners would be willing to trade for
the cigarettes. This helped to cause a
driving demand. In addition, there is
no risk of hyperinflation as even when
more cigarettes were introduced into the
market, the money supply was always
limited by smokers consumption. This
American
economic
aggression
Rupert Fitzsimmons
How history explains the
United States economic
psychology.
American Economic policy is often
criticised for being aggressive and, on
some occasions, violent. There is little
doubt that Bushs war in Iraq was
somewhat motivated by the Middle
Easts monopoly on oil. Indeed many
argue that the whole of the Cold
War was - aside from a mere clash of
ideologies - the classic American spirit
of Coca-Cola-capitalism kicking up a
fuss about not being able to continue
spreading, sucking up and dominating
35
HISTORY
the worlds markets. Hence the
historian must ask himself where this
reckless desire to paint the world with
greenbacks actually came from. Was it
(as is widely believed) a result of the
free market reforms known commonly
as Reaganomics? Clearly not, Reagan
is too modern to explain this Cold War
mentality. Thus we must look earlier to
find the origin of this idea.
If one is willing to accept that this
economic outlook has been in existence
throughout the entirety of American
history, then such a cause should be
identifiable. This cause, I am willing to
suggest, is to be found in the land; quite
literally, in the geographical extent and
plentiful resources of the USA itself. For
the first immigrants to the vast lands,
in the form of Dutch settlers, were given
free reign over their New World it
was open for exploitation. As the years
progressed too, the settlers travelled west
in search of more arable land or mineral
deposits - the whole way, driving out
the forest, the buffalo and the Indian.
The land cost nothing, yet had value
beyond what the poor settlers could ever
have hoped for when embarking on this
voyage from Europe. This, I propose,
fuelled an obsession in the collectiveconscious of the Americas for capital
gain at the expense of no personal loss.
Subconsciously, money grew on trees
and was ripe for picking, irrespective of
the damage that it caused. As the land
ran out, however as the settlers had
sucked the life out of the Easts forests,
hunted the buffalo of the Great Plains
to near extinction and the lands of the
West met rampant agrarianism the noregrets, proto-Coca-Cola-capitalism that
had been born out of circumstance had
to turn elsewhere in order to continue
feeding the demands of the greedy.
It had to turn on both the American
immigrant inhabitant himself and the
wider neighbours of North America at
large. This psychology can be tracked
especially well in contemporary
America; great industrial powerhouses
such as British American Tobacco or
the many oil companies have, as a result
36
What, if
anything, does
the Trolley Cart
Dilemma show
us?
Tim Foster
The Trolley Cart Dilemma - would you kill one to save four?
37
HISTORY: FEATURE
World War Ones Literary Legacy
Alex Goodchild
38
39
HISTORY
The Spanish
Empire and New
World Silver:
The Downfall of
the Empire?
Sam Norman
40
Perpetually changing and subsequently altering our daily lives in one way or another, the financial sphere
holds a prodigious influence over society and societal practices.
Yet, many dont take notice of this factor of preeminent importance due to its seeming lack of relevance to daily life.
My personal interest in the topic lies within this general consensus of disinterest, as I have become intrigued in its
news and relevancy over the past few years. Looking at specific markets such as commodities, manufacturing and
pharmaceuticals as well as the future outlook for our natural resources, I hope youll find our writers have portrayed
a brief introduction to the world of business as well as the future of Britain, encouraging you to further explore this
area of the world economy.
41
Pfizer and
AstraZeneca
The infamous
takeover that
never was
James Fairley
42
43
Does HWM
Aston Martin
have an
independent
future?
Lewis Bizaoui
44
45
SOCIETY
The world around us is changing incredibly rapidly, with new technology being produced virtually
yearly, new discoveries weekly, and with it, the way we, as humans, is having to change.
For instance, as I am writing this, merely this week we have discovered a diamond in space the size of Earth, an
unfeelability cloak has been invented, and scientists have simulated time travel using photons. Society as whole
is affected by these developments, and must be incorporated into many different areas The government must
debate some new ideas and plans, religion is changing and becoming seemingly less influential, and the many of the
things that we do to enjoy ourselves may not have existed this time last century.
Society is one of the few things that people cannot escape. By definition, society involves all the people in a more
or less ordered community. The things involved are not limited, and indeed there are many controversies that fall
into it, and is where the infamous crossover between religion, science, and politics lies. There may be no right or
wrong answer; it is all up to your own personal opinion. But society will affect you, it is (in my opinion), leading
in the right direction, towards a cleaner, greener, less restricted future. However, I invite you to make up your own
mind about many of the issues discussed herein. As the author Henry David Thoreau summed up, What is the use
of a house if you havent got a tolerable planet to put it on?
46
Are we too
reliant on the
Internet?
James Wheeler
A Changing
Music Industry
Sam Clarke
Guildford is a record
collectors dream. Dusty
copiers of yesterdays hits,
misses and just about
everything in between can
be acquired, second hand,
for between 50p and 500.
Bens Collectors Records, one such
retailer, is jam-packed every weekend
with enthusiasts of all ages, rummaging
in the boxes for that elusive copy of
Rubber Soul or, in the case of one of
my friends, Marvin Gayes Love Songs.
That music has changed over the past
thirty years is a given. Few could have
foreseen the impact of the internet on
an industry that was once dominated
by bloated record companies. The
differences, however, run deeper than
this.
We have not only changed how we
purchase and listen to music but also the
way we react to it, the way we appreciate
it and the way we let it impact our lives.
Ill begin in East Greenwich, on the
21st June 2014, in block U10 of the O2
47
SOCIETY
Arena. On stage was perhaps one of the
most famous bands of the seventies, The
Eagles. A beautiful acoustic rendition of
Saturday Night had just been met with
rapturous applause and Glenn Frey, one
of the band members, was introducing
the next song. Suddenly, I was hit with
a realisation. No modern equivalent of
The Eagles exists. Of course many bands
have tried to copy them stylistically,
but the dinosaur bands of the seventies
and eighties, with record sales in the
tens of millions, are a thing of the past.
The most recent to ship more than ten
million copies in the US was Adeles 21
in 2011. One has to look back to 1997 to
Shania Twain to find the last album to
sell over fifteen million copies.
The internet is largely responsible for
this rapid change. Record companies
used to be able to make huge profits
by investing in a number of bands and
peddling a narrow range of genres.
Nowadays, anyone can make and
distribute their own music through
programs such as FL Studio and Logic
Pro. Since the early 2000s, hundreds
of new styles have emerged. Ever since
Aphex Twins experiments with electro
in the early nineties, genre after genre
has emerged. House music, a style
originating in America in the 1980s,
gained popularity as the works of
new artists began to spread. Dubstep,
another electronic style, became
popular in the early/mid 2000s. Glitch
hop, electroswing, trap and hundreds of
other styles have taken off within the
last twenty years. And where new styles
meet old classics, mash-ups and remixes
provide interesting listening.
This diversification has been a problem
for many record labels. Artists, no longer
compelled by record labels to stay safely
within popularitys boundaries, are
freer to experiment. Listeners find a
style they like, a niche is created and
the genre stays. Whereas in the 1980s
electro fans listened to electro, anyone
with an internet connection can find,
sample and enjoy the almost infinite
sub-genres. Producing electronic music
48
Will Baby
George ever sit
on the throne?
Felix Clarke
49
SOCIETY
called upon to meet the Chinese
premier on his official visit to the UK,
it is easy to see how Charless previous
crass outbursts will cause problems
when he is King. The Prince is known
to often write long, disapproving letters
to ministers and even hold private
meetings with members of government.
In their times as Prime Minister,
both Margaret Thatcher and Tony
Blair complained to the Queen that
Charless
numerous
interventions
were becoming unhelpful. Charless
stubborn approach in this domain could
not be more different from the Queens
universally popular political aloofness.
As prince, Charless comments have
irritated politicians and the public,
and he shows no signs of reining them
in as King, pledging not to be confined
to cutting ribbons. An unelected head
of state must be apolitical; otherwise he
would quickly become viewed by the
British public as just another resented
politician.
Queen Elizabeth is removed from
the close scrutiny of the media and is
surrounded by a fond mystique. The
Queens public image is always pristine:
over the whole course of her sixty-year
reign, she has never once put a foot
wrong. Charles, on the other hand, is
a known adulterer and husband of a
divorcee making him , among other
Prince Charles in traditional Saudi dress for a sword dance with the Saudi
royal family in February this year.
50
Urban re-development is
a phenomenon which has
become more and more
popular on a global scale.
With the aim of improving the
efficiency of land-use in deprived urban
areas, urban re-development can bring
prosperity to areas where crime and
poor living standards ruined the lives of
the locals. In fact, it occasionally occurs
that areas of urban re-development
can exceed the rest of the city, and
can become a financial hub for trade
and investment. The closest, but
possibly most under-estimated example
of urban re-development is Canary
Wharf arguably the current banking,
legal and media centre of London, if
not the UK. The shipping industry in
this area of London began to decline
and the ports were closed in 1980,
leading to the creation of the London
Docklands Development Corporation in
1981, which acted as a means for the
government to encourage and stimulate
redevelopment in the area.
High Line Street
51
SOCIETY
costing the equivalent to 400 million,
has the Barbican Estate been a success?
compared to other projects?
Barbican Lake Terrace, near
London.
52
Should
Politicians Do
God?
Will Cowie
The Visible
2012 Legacy
James Acomb
53
SOCIETY
that twenty thousand jobs will have
been created, and the spin-off from this
has been valued at 5 billion. London
is a changing city and its too early to
work out the benefits for fifteen years
in the future.
The Olympic Park was re-opened under
the new name Queen Elizabeth Park to
which the public can enjoy 6.5 km of
waterways, three new schools , 8,00011,000 new homes, 257 acres of open
space, an Energy Centre, 1000 parking
spaces, together with two thousand
events hosted per year along with five
world class sporting arenas. The Lee
Valley Hockey and Tennis Centre in
the park will open by the end of June
2014. The new Queen Elizabeth Park
is 560 acres and Denis Hone, Chief
Executive of LLDC stated, We have
created a magnificent park for London
with beautiful parklands. The LLDC
estimate that by 2016, 9.3 million
people will visit the park per year.
The LLDC is also going to build five
new neighbourhoods and also improve
some existing areas around the park.
These areas are designed to complement
and extend the communities they are
already in. An example of one of the
neighbourhoods is Chobham Manor.
The London Olympic Swimming pool has recently opened to the public.
54
Is the UK a
Christian
country?
Jonathan French
55
SOCIETY
Can pro gaming
be a real
career?
Sam Norman
56
The problem
with the
Cannabis debate
Sam Lewis
57
Sport and media are two aspects of modern life that we cannot escape. Every day there is one sporting
event or other and the media now cover all aspects of daily life from the sporting events of the days
before to significant events in the world such as democratic elections.
It is important that we take a deeper look at the media and the world of sport because all too often great injustices
and problems arise. Whether it is the phone hacking scandal of the News of The World, the internet providers of
America that wish to end Net Neutrality or the inner workings of FIFA, we find ourselves demanding answers.
The sport and the media seem to go hand in hand nowadays where every sporting action is picked apart by the
news reporters on television, online and in the newspapers. Due to the important role that these topics play in our
lives, such as what we know about in the goings on in the world comes from the news channels provide, I attach the
upmost importance to them both.
58
The changing
role of finance
in county
cricket
Jonathan French
From an outsiders
perspective, it may seem
that the eighteen firstclass counties around the
country are only active
during the summer months
and sit dormant during
the winter, waiting for the
season to begin again.
However, this is not a viable business
plan.
Counties are by no means guaranteed
a profit on ticket sales alone. Crowds
for the County Championship are small
and show no signs of getting larger due
to most of the cricket being played
midweek when people are either at
work or at school. The only reliable
source of income from ticket sales is
the twenty-over competition, rebranded
for 2014 as the Natwest T20 Blast. As
always with cricket, the threat of rain
adds further financial uncertainty to
the mix with the potential for entire
matches to be washed out. If a lucrative
home T20 match were washed out, this
could result in the loss of over 50,000
in ticket sales due to refunded tickets
59
60
The Changing
Fortunes of
Manchester
United
Jan Thilakawardana
61
Football: more
than just a
sport?
Alex Goodchild
62
63