• jleyank 5 hours ago |
    Yup, the middle powers have to organize and work together to avoid being chum. The economic power is there, and they can shift from purchasing US weaponry (thus paying US workers) into purchasing middle-power weaponry (thus paying middle-power workers). Car/truck plants can be repurposed, and if Ukraine's lesson is valid then smaller, portable weaponry is now the preferred solution. Cheaper, and the middle powers don't have huge investments in tanks and ships.
  • beloch 5 hours ago |
    The Theucydides quote Carney leads with, of course, recently rolled off the tongue of the white house deputy chief of staff, Stephen Miller. The days of might making right are, apparently, back.

    Just in case anyone thought the genie could be stuffed back into the bottle once Trump is gone, Carney goes on to state that the rules-based world order we've been living under since WWII is somewhat of a sham. The rules have not been applied equally. Some nations, the powerful ones, have been given much more latitude to do what they want. Middle nations have gone along with this to avoid trouble.

    The reward for avoiding trouble for so long is... big trouble (e.g. invasion threats for an ally of a big power and economic terrorism applied to its allies). So, why pretend the old system works to avoid trouble if the trouble lands on your doorstep anyways?

    The answer seems obvious. Middle powers of the old rules-based order need to band together and put bigger powers in their place. It's not impossible. Just very, very difficult. France and Germany may be sticking up for Greenland, but where's Hungary (another EU member)? For this to work, you need everyone. Also, looking ahead, how would you prevent such an alliance of smaller powers, were it successful, from behaving like a bigger power?

    Trump is currently showing off AI photos where he's meeting with world leaders in front of a map where both Greenland and Canada are a part of the U.S.[1]. As a Canadian, I think Carney gave a stirring speech here, but I suppose I'm biased given that he's our PM and his vision is one of the few things between us as being swallowed up by Trump's MAGA empire while the other big powers fall upon the respective apples of their eyes.

    [1]https://www.ctvnews.ca/canada/article/trump-shares-altered-m...

  • beardyw 5 hours ago |
    > "Many countries are drawing the same conclusions. They must develop greater strategic autonomy: in energy, food, critical minerals, in finance and supply chains.

    Sounds like an economic NATO (without the USA). It's good that other counties are waking up at last. Taking the hit now (and blaming it on Trump) will make them stronger on the long run.

  • calf 3 hours ago |
    This is all eloquent and game-theoretic, but who is this being said too? Other davos attendees, and it will be the small people who must pay for this shift, through rising prices, worse labor conditions, austerity, etc. His astute observation about competing powers running to the lowest common denominator is intrinsically a property of capitalism.