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The Davos Awakening: Words Alone Can't Salvage the Rules-Based Order

January 26, 2026
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  • #GlobalGovernance
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  • #MarkCarney
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The Davos Awakening: Words Alone Can't Salvage the Rules-Based Order

The Illusion of Stability: An Editorial Examination

When did the rules-based order truly collapse? Mark Carney's recent speech at Davos candidly declared the order's demise, echoing sentiments many have felt for years. Yet, it isn't merely a statement of fact but a catalyst for deeper reflection on the structures we've relied upon. For those still integrated within this complex web of alliances, the shockwaves of Carney's words spotlight an unsettling reality.

"There are no easy answers in a world where the favored status of the powerful is increasingly untenable."

Unpacking the Layers of Order

The rules-based order has been a tapestry woven from various threads—structural agreements among powerful nations, shared norms, and ideological underpinnings. These included mechanisms for promoting political stability and economic cooperation. However, beyond this façade lay a stark reality, one deeply rooted in American hegemony.

The Structural Framework

  • Institutional Mechanisms: Bodies like the EU, NATO, UN, and IMF form the backbone of international governance. Their utility, however, is now under scrutiny.
  • Normative Constructs: The supposed adherence to peaceful engagement and mutual respect is fraying, with member states often undermining these precepts.
  • Ideological Purity: The “pleasant fiction” of a morally grounded international community has been shattered repeatedly, notably in the aftermath of conflicts such as the war on terror.

From Fiction to Reality: The War on Terror

Consider the war on terror—an initiative that torpedoed the very ideals it claimed to uphold. The violations it perpetuated exposed the glaring hypocrisy within the rules-based order, allowing powerful states to indulge in imperialistic behavior. The aftermath saw countries like Iraq and Afghanistan torn apart, not just physically but morally.

Gaza: A Watershed Moment

The recent crisis in Gaza serves as another stark illustration of death within the order. The overt aggression and the large-scale killings starkly eroded any pretense of ethical governance. Critics have rightly dubbed it a genocide, leading to renewed calls for accountability among the international community.

Israeli soldiers in Rafah, southern Gaza, July 2024.
Israeli soldiers in Rafah, southern Gaza, in July 2024. Photograph: Ohad Zwigenberg/AP

Complicity in Carnage

The role of Western nations in facilitating Israel's actions raises difficult questions about complicity and moral responsibility. No longer mere observers, these nations become active participants, blurring the lines between allies and offenders.

The Reevaluation of Global Alliances

As allies grapple with a newly hostile American stance, the perception of foreign policy and global diplomacy has transformed. Carney's remarks reflect a growing unease among Western leaders, signaling an urgent need to reassess international commitments.

Emerging Alternatives

In a world craving change, proposals abound. However, merely seeking middle-power coordination or ramping up military investments is insufficient. We must question the very narratives that underpin global governance systems.

An Existential Moment

As the custodians of the rules-based order contemplate its potential revival or complete dismantling, the real query is not merely about what can be built from ruins but about how deeply the old order is embedded within us. The ideological shackles may be harder to remove than the physical structures themselves.

“How much of the old order remains within us, and how will it shape our future?”

Conclusions and Implications

This moment represents not just a crisis but an opportunity—a chance to forge a new path that prioritizes ethical governance, accountability, and genuine multilateralism over imperialistic tendencies. As we stand at this precipice, let's challenge ourselves to transcend the facile comforts of the past.

Moving Forward

What we need now is not just more speeches but an openness to face uncomfortable truths. Let's not shy away from diving deep into a necessary dialogue about the future we want to build together.

Source reference: https://www.theguardian.com/commentisfree/2026/jan/26/allies-united-states-old-world-order-dying

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