Mark Carney on World Order
TL;DR
Mark Carney asserts the US-underwritten world order has ruptured, calling for middle powers to build a new, values-based, pragmatic architecture.
Key Points
He characterized the current international situation as an era of great power rivalry where the rules-based international order is fading, quoting Thucydides.
The prime minister explicitly called for middle powers to combine forces to create a 'third path' that is both principled and pragmatic.
Following a speech in January 2026, he received a standing ovation, though he was later sharply criticized by the sitting U.S. president.
Summary
Mark Carney, in his capacity as Prime Minister of Canada, forcefully declared that the post-war rules-based international order, historically underwritten by the United States, is over, characterizing the shift as a definitive rupture rather than a mere transition. He argued this order was sustained by a convenient fiction where allies overlooked its hypocrisies, such as the uneven application of rules and asymmetric trade enforcement, because American hegemony provided essential public goods like security and a stable financial system. The analysis by the prime minister points to great powers now actively weaponizing economic integration through tariffs and supply chain control, rendering the old bargain obsolete for middle powers who face subordination without the expected benefits of mutual integration.
He posits that middle powers, including Canada, must now adapt with a strategy of "value-based realism," meaning they must build their own domestic strength and diversify internationally to gain the autonomy necessary to act honestly. This adaptation involves rejecting the temptation to simply build 'fortresses' but instead engaging in "variable geometry"—forming issue-specific coalitions based on shared values and interests to collectively counter great power coercion. The imperative for these powers is to act together to build a new, resilient framework, lest they be subjugated in a world driven by raw power, asserting that their power lies in their capacity to stop pretending and name the current geopolitical reality.
Frequently Asked Questions
Mark Carney asserts that the world order, which was underpinned by the United States and based on established rules, has experienced a definitive 'rupture,' not just a transition. He argues this system is collapsing as great powers use economic tools for coercion, forcing a new strategic reality for other nations.
Carney advocates for middle powers, like Canada, to adopt 'value-based realism' by building domestic strength and diversifying internationally to reduce vulnerability. He urges them to pursue ambitious cooperation through 'variable geometry'—forming issue-based coalitions—rather than retreating into isolationism.
Yes, he framed the current shift as being precipitated by erratic U.S. foreign and economic policies under the current administration, which has abandoned the pretense of rules for its own power. He noted the former order relied on American hegemony for public goods but can no longer be trusted.
Sources5
Davos 2026: Special address by Mark Carney, PM of Canada
Carney says he backs strikes on Iran with some regret as world order frays
Carney says Australia and Canada can help rewrite global rules
2026 Mark Carney speech at the World Economic Forum - Wikipedia
What Comes Next for Global Order After Mark Carney's Speech?
* This is not an exhaustive list of sources.