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Godfrey Moase's avatar

Carney’s speech reminded me of the honesty of the addict. It was brutal in its self-critique but the solution is still the next fix of neoliberalism.

Robert Billyard's avatar

It is a tragedy of our time that neoliberalism was so recklessly adopted with zero scrutiny. It now defines our societies as neofeudalism.

AM's avatar

"Will it match the prime minister’s refreshing criticism of the old geopolitical order with any meaningful departure from the discredited economic orthodoxies on which it was based?"

Seems extremely unlikely.

Robert Billyard's avatar

I see Carney's speech as being the "tentative reformer" sending out trial balloons. Yes, we must be skeptical but by today's standard's it a radically progressive speech . A true evaluation is at least a year away as how he handles issues from here in will be the test.

Every Western politician is walking on eggs now and placating Trump's insanity is just one of many issues to be navigated.

We are in the aftermath of a fallen empire and the convulsions political and economic are going to last for some time to come.

Where we are in this mess largely because of rapacious short-termism and the presence of a ruthless rogue empire. Long-termism is now forced upon us. There have been too many reckless pragmatisms, the culture lag is stupendous, and how we govern ourselves has to be radically reformed-- with a lot of house cleaning. Now we get to buckle down for the long, long haul.