850

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Beaver

Issue 850 | 01.3.16

the

Newspaper of the LSE Students’ Union

Huge UGM Turnout; School Urged to Divest, Speakeasy Survives Greg Sproston News Editor

IT WAS STANDING ROOM only in what was surely the most well attended UGM of the academic year on Thursday. Whilst two motions and a statement from the Gen Sec were on the agenda, there was no doubt that it was the Speakeasy motion that proved the greatest draw; something tacitly acknowledged by a last minute switch up from the democracy committee who shuffled the order of play to leave the debate for free speech as the finale of the meeting. As it turned out, the results on motions calling for further divestment and banning the Speakeasy Society were far more emphatic than an engaging and sometimes fiery debate

may have suggested. 81% of students voted to mandate the Union to lobby the LSE for further divestment, whilst 77% of voters rejected the motion to ban the Speakeasy Society. After making their initial statements, the tone of the debate on divestment was set early on by the first question from the audience. Stating that he was ‘bored’ of what seemed like endless, tokenistic motions, George Burton asked what the point of all this actually was. Using an argument that could’ve been applied to any conceivable issue brought to a UGM, Environment & Ethics Officer and motion proposer Elena Bignami stressed the importance of recording the weight of student engagement and feeling, stating that motions played a crucial role in sending a message to the

University. There was support from SU General Secretary Nona Buckley-Irvine who noted the ‘tangible effect’ of previous divestment motions in securing initial commitments to divestment and the development of a new strategy from the school. She further claimed that, since previous successful motions had acted as release valves, the School had taken its foot off the pedal and it was necessary for students to show that they were still critically engaged with the issue. The debate veered close to farce as motion opponent Bjoern Christian Wolf asked what these tangible benefits actually were. Nona reiterated her account that the motion had resulted in a definitive shift in terms of discourse with the school, but was interrupted by Bjoern who specified what kind of tangible

benefits he was looking for: how many kilograms of CO2 were no longer in the atmosphere as a result of previous SU divestment motions. The audience did not seem overly perturbed that neither Nona nor the motion proposers had this information to hand. Bjoern’s opposition to the motion centred largely around academic concerns. ‘LSE is not a mutual fund or an investment vehicle’ he argued, ‘but a research institute. Research should be the focus of what we do here’. A nuanced argument, he claimed that divestment was not only a distraction from research considerations but may result in financial woes that actively hamper the LSE’s ability to function as a top academic institute. Given the academic consensus on climate change,

and the school’s efforts not only at external lobbying but at actively shaping the global debate via the world renowned Grantham institute, Bjoern was asked if the LSE’s reputation was risked or research legitimised if it didn’t follow its own recommendations internally. To the amusement of the audience, he offered an emphatic no, but proceedings were nudged on by the democracy committee before he had chance to elaborate. A moderate presence throughout the UGM, Josh Hitchens tried to find common ground between the two opposing sides, asking if a compromise could be made. Mindful of financial concerns, and citing...

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Interviews Comment Yanis Varoufakis Capping the LSE Director’s Salary Page 16 Page 8


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