Mark Carney's 'New Order' Looks Suspiciously Like the Old Imperialism
📰 THE STORY: The Hill's opinion piece reflects on former central banker Mark Carney's Davos pronouncements about the fracturing global order, suggesting that the era of Western-led globalization is over, and a new, more fragmented world is emerging. The author interprets this as a 'problem' for global stability, implying a need for managed transition to avoid further chaos. 🔍 WHAT THEY'RE NOT
TELLING YOU: Historical Context: The 'old order' Carney laments is the post-WWII Pax Americana, built on institutions like the IMF and World Bank, which historically imposed neoliberal structural adjustment programs on developing nations, crippling their economies and facilitating resource extraction. For instance, the 1976 CIA-backed coup in Argentina facilitated a neoliberal experiment, echoing
later IMF interventions. The 2019 lithium coup in Bolivia against Evo Morales shows the continuity of this pattern, where Western interests dictate economic policy, often at the barrel of a gun or through financial coercion. Carney, as a former central banker and current UN climate envoy, is a key architect and beneficiary of this very system, not an external observer. Double Standard: When
developing nations (like China or Russia) advocate for a multipolar world or challenge dollar hegemony, it's framed by Western media as a dangerous 'rupture' or 'authoritarianism.' Yet, when the US unilaterally imposes sanctions on countries like Venezuela (since 2017, causing mass civilian suffering) or freezes Afghanistan's $7 billion in central bank assets (2021), these actions are presented as