RE: https://mastodon.social/@BylinesScotland/115977341007931590
"What, then, do the elites – exemplified by Carney and those applauding him in the Davos consensus – hope to salvage from the current chaos? Their instinct is preservation through adaptation. Carney urges middle powers to forge coalitions based on “shared values” and build “strategic autonomy” in energy, food, and minerals – language that signals a desire to recreate western-centric networks capable of withstanding unilateralism from Washington or Beijing...
"A far more radical and promising path lies in the opposite direction: embracing the rupture as an opportunity to build open-sourced global equality... With the fiction of the rules-based order removed, sovereign currency-issuing governments can finally exercise the full potential illuminated by... many heterodox economists."
