The Truth About American Hegemony | The Ezra Klein Show
1917 segments
At Davos last week, Mark Harney, the
prime minister of Canada, gave a speech
that sent shock waves through the
international community.
>> Let me be direct. We are in the midst of
a rupture, not a transition.
>> It was a remarkable speech by a Canadian
prime minister.
>> It's like a moment of clarity.
>> It received a very rare standing ovation
with praise not only in Davos, but
around the world. To understand why this
speech this has been such an
international relations earthquake, I
think you need to understand something
about him. Carney is as establishment as
you get. He is a technocrat's
technocrat, former governor of the Bank
of Canada, former governor of the Bank
of England. for Carney, this kind of
figure to come out at Davos in front of
all those assembled government elites
and business elites at this moment when
Trump is threatening tariffs on Europe
in order to take over Greenland. For him
to come out and say that we are living
in a rupture, that the old order in
which you could have values-based
relationships with the United States of
America is over. for Carney, the leader
of Canada, America's both geographically
and in many ways spiritually closest
ally to say this, that is a break point.
I think that's a moment, a week that's
going to be remembered for a long time.
Beneath Carney's analysis of what is
happening here is an idea I've been
following for some time called
weaponized interdependence. And this
idea comes from the international
relations theorists and professors Henry
Ferrell and Abraham Newman. It's in
their book, Underground Empire: How
America Weaponized the World Economy.
And the basic concept is that over time
in this globalized woven together world,
there are a lot of ways in which being
on American technologies and in American
financial markets gave us leverage. And
that was fine for our allies, for the
world, so long as we didn't use that
leverage too much. But now we've begun
to make that a way we can harm them, a
way we can extort them, a way we can
control them. And that has really
changed the nature of the bargain. Henry
Fail is an international relations
professor at Johns Hopkins University.
He is author, as I mentioned, of
Underground Empire and of the Excellent
Substack Programmable Mutter. I want to
have him on to talk me through Carney
speech, these ideas, and if the old
order is ending, what that might mean
for the one to come. As always, my
email, Ezra Kleinshowny Times.com.
>> Henry Frell, welcome to the show.
>> I'm delighted to be here.
>> So, I want to begin with this clip of
Mark Carney, the prime minister of
Canada, speaking at Davos.
>> Let me be direct. We are in the midst of
a rupture, not a transition.
Over the past two decades, a series of
crises in finance, health, energy, and
geopolitics have laid bare the risks of
extreme global integration. But more
recently, great powers have begun using
economic integration as weapons, tariffs
as leverage, financial infrastructure as
coercion, supply chains as
vulnerabilities to be exploited.
You cannot live within the lie of mutual
benefit through integration. When
integration becomes the source of your
subordination
>> when integration becomes the source of
your subordination. What is he saying
there?
>> So in a weird way it feels to me like he
is channeling things that Abe Newman and
I, my co-author on this book Underground
Empire started saying six or seven years
ago. And here I'm not claiming that we
are the people who discovered it. But
this was not the consensus when we were
writing and it has become a new kind of
consensus now which is if we think about
globalization. Globalization back in the
'9s and the 2000s. It seemed like it was
an incredible opportunity to build a new
kind of economic world in which markets
dominated rather than geopolitics. So
you have all of these ideas floating
around about we're past the world of the
Cold War. We're past the world of the uh
Berlin Wall and we're now in a new world
where it is going to be possible to
rebuild politics around market
competition. You don't have to worry
about your neighbors invading you. You
don't have to worry about all of these
political risks. Instead, you just focus
on being the most competitive market
that you absolutely can be. And this
leads to enormous amounts of integration
of the sorts that Carne is talking
about. So, we see supply chains becoming
global. We see these financial systems
which are focused on the United States
becoming uh means through which people
can send money back and forth without
really worrying or thinking about the
politics behind it. And we see this
entire plumbing for this new global
economy becoming established. And all of
this seems great and awesome and
functional. But we're in a world now
where as Carney says the plumbing has
become political. All of these means
that we use to integrate the world, all
of these financial systems, all of these
uh trade and production systems are
suddenly being turned against countries.
And the United States, which actually
has been doing this in a much quieter
and uh perhaps less threatening way to
many countries at least for decades, is
in fact the country that is pushing this
the hardest. G
>> give me some examples of this. Give me
an example prior to Trump of the United
States doing this in a quieter way and
then give me an example of what Carney
is talking about now when he says that
great powers are using economic
integration as weapons and he clearly
means us.
>> Okay. So this uh really began post
September 11th, 2001 when the United
States it looks at this attack that has
happened and it tries to figure out what
are the ways in which terrorists have
been able to take advantage of this
poorest international system of
economics which allows them to send
money back and forth uh and they begin
to start thinking about what kinds of
tools can they use to stop it. So this
really begins I think it really begins
to get going with a measure against a
bank which is very closely associated
with North Korea. Uh the United States
begins to target that bank and uh so you
see suddenly when that happens a massive
flight of money away from the bank the
bank nearly goes under.
>> When you say they target that bank slow
down a little bit.
>> Yeah.
>> What do they do?
>> So here okay so there's this whole
complicated system and let me just
explain maybe the best place to start is
with the dollar. So if you are an
international bank, you need to have
access to the US dollar because the US
dollar is the lingua frana of the global
economy. This is the uh currency that
everybody exchanges in and out of. That
means in practice that you have to have
correspondent relations with a bank in
the United States, you are effectively
you become subject indirectly or
directly to US regulation. Because if
you don't have these banks which allow
you to uh these banking relations which
allow you to clear transactions through
US dollars, you effectively stop
becoming an international bank. And so
this then means that you are in a world
as the United States discovers where it
is possible for the United States to
effectively declare that a bank or
another institution is a pariah. That
nobody should have anything to do with
it. And any bank which wants to maintain
access to the US dollar which means most
banks in the world is going to respect
that demand from the United States. So
suddenly the United States is able to
turn the entire global banking system
into a means of power projection and it
uses this first against uh terrorists
obviously then against rogue states such
as North Korea. But we begin to see over
the uh intervening years that we get
more and more ambitious. And I think
that the most important example of this
came with respect to Iran. And so the
Obama administration uh very carefully,
very very slowly uh ratchets up
pressure, withdrawing the ability of
Iranian banks to use the international
system and also ratcheting up pressure
against any other uh any other bank in
any other country which wants to touch
the Iranian system in any way. And Iran
suddenly discovers that it cannot get
paid for its oil anymore. It is having
to barter. It has it has to barter for
say we will send you x amount of oil and
in return we will get 500 tons of grain
or we will get a uh crate load of
zippers. All of these uh crazy things
that Iran has to do in order to uh try
and get paid and Iran wants to get out
from under that. So this I think is a
good example of how it is that the
United States is effectively able to use
this power to cut an entire country out
of the global financial system. Iran
does figure out ways around this over
time. Uh it does especially under under
the Trump administration begin to figure
out alternative shadowy payment systems.
So there are real limits to this. uh but
uh these techniques are perfected uh
from administration to administration
and they're handed on a little bit like
a baton in a relay race. This is not to
say that this is uh the product of grand
planning. At every moment I think these
are officials who are desperately
improvising to try to uh do whatever the
policy need of the moment demands. But
over time they create this entire
ramshackle system for coercion which
turns out to be pretty extraordinary and
to have pretty extraordinary powers. One
example of this that was striking to me
was the Trump administration sanctioned
you know some top judges and prosecutors
of the international criminal court
because of bringing suit against
Benjamin Netanyahu. Tell me a bit about
that moment and what happened. So really
what's happening here is of course the
Trump administration sees the
International Criminal Court and all of
these other international uh
organizations as being uh in a sense
illegitimate and this is uh not just
about Trumpism itself. This has always
been a tension between the United States
and this global system. On the one hand
the United States does want to take
advantage of it. There are many people
in the United States who see global
human rights as being a very very
important thing that we need to protect.
But the United States like every other
country does not want itself to be uh
constrained by the system when the
system acts against it. And so the
United States has never actually signed
on to the International Criminal Court
and both Democrats and Republicans have
been somewhat resistant to it. So then
when uh the Trump administration sees
what is happening with Netanyahu, it
begins to go after these uh
international criminal court officials.
And what happens then is that these
officials, they suddenly find they can't
use credit cards because credit cards
all rely upon these payment systems. Uh
they can't use Google. And so you
discover that there's this entire
incredibly boring seeming infrastructure
of uh institutions of communication
systems of money that is really what
underpins our ordinary life. It's
possible to live without access to these
systems uh as these uh judges uh who
have and other officials who have been
targeted have discovered. But it is a
real pain. What Carney is describing
here, what he describes as a rupture,
not a transition, is not just the use of
these tools, but the use of these tools
for something. What to you is the
rupture he's describing. So here I think
it is worth going back to this whole
idea of the uh liberal international
order and uh the way in which this term
comes into being. It's really two
academics. It's uh Dudney and Iikenberg
who come up with this idea and their
argument is pretty straightforward that
the United States is incredibly powerful
and that that power is actually a
problem for other countries. If you are
uh a another country who wants to uh
deal with the United States, you worry
that it is too powerful for you uh that
it might in fact you you you might make
some concession and then the United
States decides it wants a little bit
more and it wants a little bit more and
you find yourself in a a situation of
complete uh vaselage of complete
dependence. And so their argument is
that the way that the US has worked over
the uh decades after World War II is to
create something which amounts to a kind
of international quasi constitution.
That is a set of relationships through
which it binds itself through which it
effectively makes it more difficult for
itself to abuse at least its allies uh
other countries uh which are dependent
upon it. And so from this perspective,
the more that the Trump administration
takes that role, the more that the Trump
administration decides to use that
leverage, the less other countries want
to trust it. And this is why I think
many people uh like Dudney and
Iikinbury, people who felt that the
liberal international order was a
wonderful thing. why they are uh
extremely despondent about the world
because they see from their perspective
the United States has uh effectively
having thrown away this massive
advantage because if you are uh
self-restrained in this way you actually
are able to encourage much richer much
deeper integration with other countries
and everybody ends up better off as a
result
>> you've called what we're doing the
initification of American power tell me
about that idea
>> okay so this is a term which we are
taking very directly from Cory Doctoro
who is a science fiction writer and
general thinker who is uh also I guess a
a shitster since we have used the sword
already and so he uh uses this to talk
about the way in which the platform
economy works and so more or less his
argument is that the platform economy
typically platforms start out as being
absolutely awesome uh you have these
wonderful uses which you can make of
Google search and whatever it is
beautiful you have incredible access to
information uh but Over time, the
platform has these incentives to uh get
shittier and shittier and shittier uh
for the uh user. It basically uh it it
begins to see uh the ways in which the
users are not the customers. The
customers are of course the advertisers
and so you find for example if you're
using Google these days uh you uh look
up a restaurant, Google does not want
you to go to that restaurant's homepage.
It wants you to click on some affiliate
link to Door Dash or somebody else. So
you order via Google rather than uh via
the uh restaurant. So our argument is
that uh if you look at the ways in which
United States power and United States
hedge money works, it's kind of like a
similar system. Uh that is that we are
seeing the increased initification of
all of these platforms that the United
States provides that the world relies
on. So the dollar clearing system we've
already talked about the way in which
the US is able to use the dollar in
order to leverage its advantage against
other countries. We can also think about
weapon systems as being uh very similar.
Once you buy uh for example a fifth
generation fighter uh aircraft, you are
not just buying the aircraft. You're
buying into this extensive platform
which you need to support the aircraft
to provide the information that uh
allows you to uh figure out where to uh
target uh things. all of these other
bits and pieces and the United States
can possibly shut that off. So this is
one of the big dilemmas that Canada
faces I think is that Canada is very
very deeply bought into these platforms.
Uh Canada is more deeply integrated into
the United States military structure I
think than any other ally and suddenly
it's in a world where it has to make
some extremely difficult choices. Does
it try to withdraw from these military
platforms? What kinds of consequences
does that have? You know, once a
platform becomes inchitified, you're
kind of like somebody trying to figure
out, do you leave Google or do you stick
with Google? Do you leave uh Facebook,
do you stick with Facebook? Uh none of
the choices that you have are great. I
want to hold for a minute on the
motivation of initification, which is as
I understand um Cory's argument, the
very simple way to put inification is
that when these tech platforms want to
attract people to the platform, they add
a lot of value to the user. you are
using early Google search, early
Facebook, and it really does what you
want it to do. You almost cannot believe
how good it is for no cost to you at
doing what you want it to do. And over
the time when you're locked in, and it's
very, very hard to get out. They then
move from adding value to your life to
extracting value from you. they, you
know, cover you in ads and they
manipulate you and they, you know, draw
your attention in and and do all these
things that that that that change the
bargain. And that Trump and the people
around him seem to have seen the the
liberal world order under American
leadership as something kind of similar.
That now it is so hard for other
countries to extricate themselves from
it, from us, that you can begin to
squeeze them. And to not squeeze them is
to leave money, tribute, power on the
table. You could maybe make Canada the
51st state. You could maybe have
Greenland. You can certainly get all of
these countries to give you better trade
deals to put money in your pocket.
But that's all built on this theory that
they can't leave.
So how good is that theory? It's
somewhat good and it's somewhat not
good. So I think that the United States
did not set this up as a deliberate uh
kind of honey trap. This is not a world
in which the United States decided we
are going to pull everybody in and then
once we pull everybody in, we are going
to figure out ways to uh screw the
maximum amount of uh money and tribute
out of them that we possibly can. So I I
think I but I do think that this very
much is the way in which Trump and the
people around him view the world. they
they do see this as a world in which the
United States bluntly ought to uh be
getting tribute. So I had this I
remember uh 15 years ago I had this big
fight with the late David David Greyber
uh which was about whether or not the
world economy was a tribute system and
uh he was saying absolutely it is and I
was saying nope it was not. And I kind
of feel like the uh last year or so uh
Donald Trump has been doing everything
he can to possibly to prove that it is a
tribute system and to try and figure
that out. Now there are limits because
the more that you do this, the more that
uh other countries uh begin to try and
figure out ways to use what the uh late
political scientist uh James Scott uh
calls the weapons of the week. So they
begin to resist in different ways. I do
think we're beginning to see some of
that happening. Uh the more that you use
it as well, the less other countries are
going to be willing to buy into the
stuff that you offer. And I think one of
the really interesting test cases that
is coming up is AI because we see uh if
if you look at the political economy of
AI, the Trump administration's approach
to AI seems to be to uh offer it as
freely and widely as possible in the
expectation that everybody is going to
be so impressed with the uh ways in
which uh US AI companies have powered
ahead that they will have no choice but
to become dependent upon it. And then
presumably after that at some point the
US is able to use this as a new means of
power. It is effectively in control of
another of the great infrastructures of
the world. And I'm going to be really
interested to see whether countries
actually I'm sort of shrug their
shoulders and go for it or whether or
not they decide that actually it makes
better sense for them to build their own
platforms even if these platforms are
worse because at least these platforms
are theirs and cannot be used against
them. I want to pick up on the debate
you had with Greyber for a minute
because the idea that this liberal
rules-based world order was something of
a sham has been around for a long time
and it's something Carney talks about in
his speech. I want to play this clip for
you. We knew the story of the
international rulesbased order was
partially false. That the strongest
would exempt themselves when convenient
that trade rules were enforced s
asymmetrically.
And we knew that international law
applied with varying rigor depending on
the identity of the accused or the
victim.
This fiction was useful and American
hegemony in particular helped provide
public goods, open sea lanes, a stable
financial system, collective security
and support for frameworks for resolving
disputes.
>> Tell me what you make of that story he's
telling there. So I think that story is
exactly right and uh in a certain sense
this is the story that people I think
have known suchce that they have known
that this is in fact the true story. The
United States has always had a opt out
option uh to all of the arrangements
it's made. It has uh always been uh
willing to uh either implicitly or
sometimes explicitly pull out when it
feels that its national interests are
being significantly hampered by some
collective deal or arrangement. Equally
at the same time as Carney says the
services that the United States has
provided are useful. So this is uh the
ways in which you might think about a
rational hgeimon actually working which
is on the one hand you provide
collective goods. some of these
collective goods and sort of cost you
significantly. You probably pay for more
of them than the uh other countries that
you're protecting but at the same time
you get more out of the system as well
because you are able to shape the system
according to your particular needs,
desires and wants. So I think that the
interesting thing about what Carney says
is uh not that this is something which
is profoundly new. I and other academics
uh my colleague Martha Fineore have
talked about the incredibly important
role of US hypocrisy in uh securing the
order for a long while. This is not new
but the fact that Carney is uh prepared
to say this bluntly, plainly and openly.
This is new and this suggests that uh
whatever order Carney wants to build and
I think that there are still some
question uh marks open about how to
build it. it is uh going to be different
than the order that was before which is
not to say that it would not have its
own hypocrisies its own uh areas of
self-interest because that is a fact of
international politics but that it is a
recognition that the United States has
gone beyond the realm of hypocrisy into
the realm of uh pretty naked we want you
to do uh what we want you to do and if
you don't do this we are going to punish
you. But I guess if you're somebody in
Trump's orbit and when I listen to Trump
at at Davos in a very strange speech and
I listen to him more broadly, what he
always says is look how much we've done
for you. Look at how much of the burden
of collective security we've borne and
and these things that that Carney
mentions uh open sea lanes, a stable
financial system, collective security,
but the American political system is
still guaranteeing those in that leaked
signal chat uh where you saw, you know,
JD Vance and Hexath and everybody
debating whether or not to to to bomb to
OpenC channels again. One thing Vance
says uh in thinking about this you know
fight against what would be the Houthis
is that he can't stand that America is
again doing something on behalf of
Europe and they're not paying any of the
cost. So you know from the MAGA
perspective
American hegemony is still providing
these public goods we just want a fairer
deal for it. So I'd think that the way
that you would respond to that is that
the United States does pay a
disproportionate amount of the cost and
this has always been a problem with the
US and NATO in particular. I think that
there was bipartisan agreement around
this but also the United States has
gotten a disproportionate amount of many
of the benefits from it and also uh when
it comes to things like NATO it has been
the uh actor which has been able to set
the agenda. Uh, you know, there's a a
saying in uh Ireland, he who pays the
piper calls the tune. And the United
States has been capable of calling the
tune. The Trump calculation seems to be
that uh we can stop paying and we can
use our awesome terror and wrath in
order to uh provide a kind of substitute
in order to keep on being able to be a
uh a substantial power internationally.
uh and I don't think that that actually
works because its resources are limited.
If it is fighting a war in this place,
it is uh deploying the resources that
cannot be used in other places instead
of that. And we also have seen this uh
with Venezuela. It's very clear that
they had to pull in a lot of resources
from other places that meant that there
were other things that they weren't able
to do in the world at the time. And
there's also this weird kind of
disconnect that I see uh for example the
national security strategy which on the
one hand does seem to suggest that the
United States wants to withdraw from
some of uh its uh role as global
hegeimon. It wants to focus on really
controlling the uh western hemisphere
and sort of the uh notorious so-called
donro doctrine. But at the same time I
think the United States still wants to
be recognized as the 800B gorilla in the
jungle. It wants all of the awesomeness
and wonderful things which come with
that. And you can't do both at once. You
can't both withdraw from the world and
expect the world to continue to treat
you as a hedgeimon at one and the same
time. And this is the fundamental
dilemma that I think a lot of the Trump
administration uh thinking about these
things uh tries to skirt around and
doesn't do successfully. Something I
noticed in Carney's speech is he uses
the word
American only once and the word hegeimon
or hegemany four times and the only time
he uses American is to specify American
hegemony. Is that who we are to Canada
now to to the world
the hegeon? I think so. And uh so it and
also it should be I should say Canada
has always had a slightly weird
relationship with the United States. I
spent two years at the University of
Toronto and it is a wonder you know I I
had a wonderful experience there but it
also felt to me a little bit like my
native country of Ireland back in the
1970s and 1980s which was uh effectively
joined into the uh economy of a much
bigger neighbor the United Kingdom. and
this feeling of on the one hand uh you
sort of recognition that this was the
way that things were but also a
significant amount of resentment at this
uh fact of basic dependency. So I think
that uh that has always been there. What
I think is different is the sense that
the dependency is not on a uncaring
giant to the south who uh is going to do
things that are not in your interest
because it simply doesn't know or care
or recognize. I think that there is a
worry and a fear that the United States
genuinely has malign ambitions towards
Canada. Even if those malign ambitions
are not directly to be uh acted on in
the uh near future, uh the United States
is now actually a risk and a threat to
Canada in a way that it wasn't. The
>> one of the first things Donald Trump did
when coming into office was slap huge
tariffs on Canada and on Mexico.
And in doing so, he elected Mark Carney.
Carney and, you know, the party he's
part of, Trudeau's party, were going to
lose the next election. They were
running far behind a sort of more
Trumpist
right-wing populist. And then Trump
stopped these tariffs on Canada, created
a nationalistic backlash in Canada. And
I think very clearly like through the
election to to Carney now creating this
you know figure who is beginning to be
one of the the leaders who opposes him
on the world stage which is to say that
there it's not just that we are
economically integrated but but highly
politically integrated and that the the
way Trump is acting is causing
backlashes and political turbulence in
other places often in ways that help
Trump's opponents by uniting the country
against us.
I'm curious how you think about that
dynamic of all this. So, it's a very
clear dynamic uh and it also is
something that you saw over the last few
days in uh Europe. So, when we began to
see the uh Trump uh Greenland crisis
really come to a head, that's something
we uh actually haven't talked about yet,
which is
>> Oh, we're getting there. Don't you
worry, Henry. Yeah. uh but but you saw a
lot of uh very clear nervousness coming
from uh people like Nigel Farage who uh
clearly do not want to be in a world
where Trump is making these moves
because if you think about this from a
nationalist perspective and all of these
parties which are to some extent uh to
some extent I'm sort of uh sympathetic
to Trump they are all nationalists in
one way shape or form all of them uh
clearly because they're nationalists
they are strongly attached to things
like uh territorial sovereignty
don't touch me and whatever. And the
Trump administration's perspective seems
to be uh not necessarily to want to grow
these parties, you know, sort of in in a
uh in a clear way. I think JD Vance
absolutely would love to do that. But I
think Trump's uh perspective very often
is a much more shortterm are these
people is doing a deal with them in my
interest or is it not my interest? And
you saw this, I think most uh
prominently, of course, was Venezuela,
you know, where the Venezuelan right
clearly sees Trump as a savior who's
going to come in and provide them with
the backing that they need. And the
Trump administration's attitude seems to
be these people aren't powerful enough.
Let's make a deal with some element of
the uh existing regime and see where we
go with that. I want to play you a bit
of Trump's
address at Davos, which which was, I
thought, a very unusual, rambling,
unfocused uh piece of rhetoric, but I
want to play you the part where he
focused on Europe, both America's
relationship to it and his.
>> The United States cares greatly about
the people of Europe. We really do. I
mean, look, I I am derived from Europe.
Scotland and Germany,
100%
Scotland, my mother, 100% German, my
father, and we believe deeply in the
bonds we share with Europe as a
civilization. I want to see it do great.
That's why issues like energy, trade,
immigration, and economic growth must be
central concerns to anyone who wants to
see a strong and united West because
Europe and those countries have to do
their thing. They have to get out of the
culture that they've created over the
last 10 years. It's horrible what
they're doing to themselves. They're
destroying themselves. These beautiful,
beautiful places. We want strong allies,
not seriously weakened ones. We want
Europe to be strong.
>> How would you describe Trump's view of
Europe?
>> So Trump's view of Europe is and you
know there it's sometimes hard to tell
what is Trump's view. What are the views
of other people in his administration?
Because I think that there is a very
very complicated relationship but I
think that uh here we see the JD Vance
version of the argument really coming to
the four. So the idea is here that uh we
are together in some kind of a
civilization implicitly or
semi-explicitly. This is a civilization
of white Christian people and uh we need
to make sure that this civilization is
strong and this civilization is being
weakened because Europe is weak because
Europe is allowing all of these uh
hordes of uh people who have different
skin colors who are very often Muslim.
It is allowing them to come in. And so
we are going to see the Europe that we
know is going to be a fun it's going to
fundamentally disappear over the next
generation to two generations.
>> Civilizational eraser.
>> Yes.
>> The Trump administration uses in its
national security strategy document is
that Europe faces I think it's quote
civilizational eraser.
>> What do they mean by that? What they
mean is that Europe is going to move
from being a white Christian or maybe
post-Christian because of course not
very many Europeans go to church
anymore. Uh but but a place which is
recognizably similar at least if you
look at at a photograph to uh the ideal
of what the Trump administration would
like the United States to uh look like.
It's going to move away from that to
being a uh a system in which there is a
majority non-white Europe uh non-white
non-European uh non-European observe
back to 10 generations uh population and
that this is going to be uh
fundamentally something which is going
to uh destroy uh their notion of what
European civilization is. So the idea
here is that the important alliance
the affinity is not between you know two
land masses but between two
civilizations and the Trump
administration doesn't recognize their
view of what civilization should be of
what America should be and what Europe
should be in what they think Europe is
becoming. So that's right and I think
that this is fundamentally it is a uh
push back against liberalism. It is a
push back at least against a certain
version of liberalism which is about a
uh about allowing systems where you have
a lot of people with plural identities
that this is messy, this is difficult,
this is uh but this is also an
incredibly important source of growth
and of life and of energy and that is
something that has to some lesser or
greater extent united uh the United
States and Europe over the last few
generations. You know, the United States
has been a country which has had wave
after wave of immigration. Many of these
waves have been seen as problematic. Um,
sort of I was uh, you know, my my uh my
equivalent sort of three or four
generations ago or five or six
generations ago inspired the no
nothings. Um, sort of Irish people
coming in sort of were seen as being a
fundamental civilizational threat.
Jewish people were seen as being
problematic in a variety of ways. We
still see
>> are by many members of the Trump
coalition. Yeah. And uh we and we see
this happening of course in Minneapolis
at the moment where uh people who you
know Somali people are being identified
and sort of by the Trump administration
as being uh evil, low IQ, a pirate
culture.
Exactly. So this so this so this is not
this has never been easy but there has
been at least some reasonable degree of
consensus and a stronger consensus over
the last couple of generations that uh
this is a good thing. That is what I
think the Trump administration is
pushing back against. And it also is
going handinhand with uh work by people
like Orban in Hungary who uh not only
share a similar perspective but also I
think have been extremely influential on
people such as for example Michael Anton
who is one of the uh major ideologues of
this uh way of thinking about the world.
uh you know Hungary has been pushing
something like this version of how we
need to have a a Europe which is uh
illiberal uh but uh uh you know
democratic as long as you describe as
long as you have uh the right
description of who the majority who the
people are who the system is actually
supposed to respond to and these are the
white native people these are not the
people who are coming in
>> so there's this dimension of the Trump
administration's
contempt for European government and
leadership as it exists and then there's
this side but increasingly central
fixation on Greenland. Why does Trump or
his administration but it seems at least
partly him want Greenland so much? So
there are a lot of different theories
about that and I think it's really hard
to know what goes into his head. I mean
he you know this could be a specific
fixation as some people have argued uh
based on the fact that Greenland looks
really big in the standard map
projection of the world. This could also
be other people have speculated that
this is something that uh various
Silicon Valley type people have been
arguing for a while. people I think uh
but I think that this is them trying to
uh in a certain sense retrofit a story
have said that there is a ton of
critical minerals of one sort or another
on Greenland that is going to become
more accessible as global warming
continues. I don't have a very strong
sense of what is actually driving this
uh this uh real obsession that Trump
seems to have had. Uh it is it is also I
think interesting however that he
actually seems to have backed off on
this obsession uh rather quickly uh once
he got real opposition. One argument
I've been hearing from more Trump
aligned figures
is that what we just saw play out was
classic art of the deal.
Trump went in with an aggressive
negotiating position on Greenland. Maybe
he would use force. He would certainly
consider using tariffs. He scared the
hell out of the Europeans and he came
out with this framework of a deal that
gave under, you know, America under the
new telling of the Trump administration
everything we wanted, you know, at a
cost of of nothing. How do you think
about that that justification of
Trumpism that this is all just
negotiating and it's just allowing him
to get better deals than a more polite
president would? So, this is just I
think a complete uh delusional uh
delusional argument. I don't think that
there is any reasonable way in which you
can actually say that Trump got
substantial advantages from whatever is
going to come out of this that he would
not have gotten otherwise. So as best as
we can tell uh this is a deal which is
being negotiated via uh NATO and this is
going to probably involve some kind of a
deeper basing agreement which allows I'm
sorry the uh administration more control
over bases in the Arctic area. It also
provides perhaps some protection of
mineral rights against being bought uh
by China or Russia or others. These are
not things that uh would have been
difficult to negotiate for. These are
things that I think the Danish
government and the Greenland and sort of
autonomous uh government would have been
willing to give probably no matter what
right at the beginning of the situation.
So we have here, you know, Trump prides
himself on the art of the deal. One
important part of the art of the deal is
being willing to stick to deals so that
people are willing to make them with
you. And uh this is I think another
example of you know in a sense some sort
of how it is that Trump by keeping on
pushing pushing pushing. He uh creates a
world in which nobody is willing to
trust that he is going to stick by a
deal that he actually makes. And so uh
you your uh strength then becomes
whatever temporary concessions you can
win and uh that uh you and and over the
longer term people are less and less
willing to actually do deals with you.
>> I want to play you something again from
from Carney which felt in a way like his
version of a warning to America.
>> And there's another truth. If great
powers abandon even the pretense of
rules and values for the unhindered
pursuit of their power and interests,
the gains from transactionalism
will become harder to replicate.
Hegeimons cannot continually monetize
their relationships.
Allies will diversify to hedge against
uncertainty.
They'll buy insurance, increase options
in order to rebuild sovereignty.
Sovereignty that was once grounded in
rules but will increasingly be anchored
in the ability to withstand pressure.
>> This seems to me to connect to what just
happened with Greenland, which is I
think the Europeans began to realize
that if they keep giving Trump what he
wants, he's never going to stop taking.
So they began to raise the the price. It
became clear he would face real
opposition.
What what Carney I think is arguing here
is that the more America acts like this
the higher the cost of acting like this
will become. Is he right? I think he is.
I think he is. So I think we are going
to see a world in which there are going
to be a lot of people who want to hedge
their bets who uh want to uh who are
going to be much more skeptical about
deep integration with the United States
in ways that could allow the United
States to take advantage of them. So
this is something that Carney pretty
clearly and explicitly acknowledges.
This is going to be uh not just
expensive for the United States, it's
going to be expensive for the countries
that are doing it as well. Canada, if it
wants to do this, is going to be poorer.
It's going to have to build its own
platforms. It's going to have to try and
figure out ways that it can uh insulate
itself. And insulating itself is going
to mean forgoing a lot of the advantages
of a globally integrated uh economic
system in favor of uh going it alone.
And so here this is I think Carney talks
about middle powers working together.
His ambition is to create a world in
which we have Europe, Canada, uh perhaps
Japan and South Korea, although they are
uh more dependent on the US in some ways
uh for security, uh working together and
trying to figure out some way to build a
minimal system in which they can all
have each other's backs. Uh you know,
the question is of course, is that going
to be adequate to the uh challenges that
they face? And I don't think it is. Is
it going it alone or is it balancing
hegeons against each other? You know
quite publicly right before Davos
Carney made a deal with China lowering
the tariff on Chinese electric vehicles.
He made a deal with Qatar that in a very
public way I think what he is saying and
and and threatening and even advising
other countries like Canada to do is to
make clear to America that if they're an
unreliable partner well over there is
China. Well, it's very very clear that
this does go together with uh making
deals with China for example on uh
things like electric cars where uh the
United States has seen these connected
electric vehicles as being both a
security and an economic threat and
carne is saying we are going to have
more imports uh whether the United
States likes it or not but I think
that's one possible way in which uh
other countries can respond which is
hedging between the fact that there is a
rising power which is China and the
United States. A second is uh going it
alone to a greater degree. That is
building your own independent resources.
And the third is uh building up the
capacity for deterrence. So in a certain
sense thinking about this as if we were
back in the cold war when the United
States deterred attacks against it by
having uh you know the nuclear button.
Uh the USSR similarly deterred attacks
against itself um but by having its own
nuclear and other forces. And we may be
moving back into a world in which
whatever kinds of uh commercial peace we
have may depend upon the capacity of
other countries than the United States
to begin to uh leverage these counter
threats so that uh people like Trump
back off when uh they are pushing too
far. One of the I don't know if it's an
irony or a failure
of the Trump administration's foreign
policy is that to the extent Trump had
in my view a distinctive foreign policy
when he kind of came into power in 2016,
it was that he so broke with the
Washington consensus on China. He was so
much more anti-China
than you know the either the Republican
or the Democratic party was at that
time.
and he, you know, began to move in the
second term the trade war with the world
into a trade war with China. He then
backed down from that. But he also seems
to be driving other countries into
China's arms. That China becomes the
only way to in a sense both punish the
US but also balance against it. Now,
that's dangerous because then you're
dependent on China. But Trump seems to
be ushering in a much more multi-olar
world by making it much more dangerous
for our traditional allies to be
dependent on us on our technology
companies. I think the uh experience of
the European Union with Starlink and
Elon Musk has become very sobering. Do
you really want to be dependent on, you
know, an an internet platform run by
such a mercurial and highly politicized
American, you know, billionaire?
You know, I sometimes joke that it's
hard to know what a like a Chinese
secret agent who rose to high levels of
American power would be doing aside from
this, but it really does seem to me that
he has strengthened China's geopolitical
position almost immeasurably.
>> I think so. So the uh carney bet I think
seems to be that it is much better to
have some reliance upon a predictable
authoritarian who is several thousand
miles away than an unpredictable uh
person with authoritarian tendencies who
is right across the border from you. And
that is not an entirely stupid uh
calculation by any means. Equally as you
say it does involve its own risks. And
the other interesting thing which I
still don't have a good sense of what is
driving it is the extent to which the uh
within the administration the China
hawks have uh pretty comprehensively
lost. So you have seen various people
being kicked out of the national
security council. Uh there was news
suggesting that people in the bureau of
industry and uh and security which is a
part of the department of commerce that
deals with export controls. They had a
special unit which was devoted to uh
looking at the uh development of Chinese
technology and the people from that unit
have effectively being pushed out. And
so I think we are seeing on the one hand
this uh you know the the
counterproductive policies that the
United States has which makes it very
very easy for Xi who is not under any uh
anybody's understandings a particularly
nice or benevolent individual. it is
much easier for him to seem like the
predictable somewhat safe alternative
and on the other hand there does seem to
be this pursuit of the deal or pursuit
of something which is really reshaping
the internal organization of the uh
Trump administration and pushing people
who are skeptical about China the people
who might perhaps have been linked to
Matt Potinger in the Trump one
administration those people are losing
and I I I really don't have a good
understanding of what exactly is
happening aside the administration to
make that happen.
>> One of the framing devices in Carney's
speech comes from Vaklav Havl, the famed
Czech dissident who later became
president. And and let me play this part
for you. In 1978, the Czech dissident
Vaslav Havl, later president,
wrote an essay called the power of the
powerless. And in it, he asked a simple
question. How did the communist system
sustain itself?
and his answer began with a green
grosser. Every morning, this shopkeeper
places a sign in his window. Workers of
the world unite. He doesn't believe it.
No one does. But he places a sign anyway
to avoid trouble, to signal compliance,
to get along. And because every
shopkeeper on every street does the
same, the system persists
not through violence alone, but through
the participation of ordinary people in
rituals they privately know to be false.
>> Tell me about what Hav meant by that
story and and what Carney is saying or
suggesting and invoking it.
>> Okay, so the way in which I think about
Havl's story is to uh introduce another
academic. I'm a professor. So uh
professors I guess have professional uh
guild responsibilities. So it's a book
by a guy uh called Timmer Kuran who's a
uh somewhat conservative libertarian
professor in Duke uh called uh private
truths public lies. And so the argument
more or less is that this is uh you can
think about political society and
authoritarian regimes as being like a
collective action problem where if
everybody knew how much uh the uh regime
was hated, everybody could rise up
against it. And uh so the regime has a
lot of incentive to disrupt that kind of
shared collective knowledge of how much
the regime is loathed. And one way in
which it does it is by introducing
uncertainty. If you have everybody
having those uh those pictures of the
dear beloved leader in the shop window,
then everybody is uh unsure about
whether everybody else is actually as
willing to uh act against the uh beloved
leader as in fact they might be. So
you're in a certain sense you're
creating this uh corroded public
understanding and by doing that you're
preventing collective action from
happening. So I think what Carney here
is suggesting is that we have something
similar with respect to the way that
people talk about US hedgeimonyy right
now. On the one hand we have uh people
who really hark back to the good old
days and who still are a little bit
paralyzed. They don't know what to say.
On the other hand we have people who are
frankly calculating that their best uh
approach is to be craven to put the uh
sign out in the shop window. So we have
here um the uh head of NATO calling uh
Trump daddy and saying that you know
more or less daddy has to come back in
and to uh fix things and it's very clear
I don't think that anybody thinks that
uh the head of NATO actually believes
this but he is I'm sort of putting out
his uh picture and he is demonstrating
his devotion by so doing. So and this
means I think there's something
interesting and weird that happened at
Davos. So my sense of this and uh I
wasn't there uh is there are a couple of
things which have happened. One is that
I think that a lot of Europeans in
particular they have not been directly
exposed to the way in which Trump talks
and thinks about the world. So I think
people here in the United States are
pretty used to it. But from talking to
Europeans a lot over the last year I
think they just don't have any
understanding of how incoherent how
disconnected his way of thinking and
talking about the world is. I think that
speech actually was kind of shocking uh
to a lot of people who simply hadn't
realized how bad it had gotten. Also, we
saw the uh backing down on Greenland.
And I think this is creating a uh
greater degree of public uh consensus uh
to some extent among uh the uh among
these people who are in some ways
Trump's natural allies that there is
something deeply wrong that we do
actually need to start moving against
us. And one should remember that when
Havl was thinking about these things, it
took a uh couple of decades from Havl
being a uh a uh grumpy velvet
underground underground fan who was
trying to work with other dissident to
actually getting to be uh the uh
president of uh the Czech Republic. That
was a you know that was a long and
extremely painful period and it was also
a period where there was obviously a lot
of push back against Havl and other
dissidents who were targeted who were
punished who were humiliated. So I I you
know my the way that I think about this
is that uh the uh international you know
I think that the willingness to
completely capitulate is uh probably not
as strong as it was. But we are perhaps
moving into the uh one battle after
another realization that uh if you
actually want to do stuff about this you
you ought to do it but it is going to be
difficult. It is going to be hard and it
is going to be uncertain. my sense of
Davos and why it felt unusually
important this year given that it's
usually treated correctly with contempt
and why Carney's speech was so
significant and Trump's speech was so
significant
Trump coming in with the threat of at
that point by the way also force yes
>> to take Greenland I mean he then
disavowed that in his speech but but
initially that was something they were
keeping on the table threatening the
tariffs
And then you had so much of the world's
power elite, the European leaders,
business elite, all gathered together,
the people creating AI, the people, you
know, in charge of of great industries
to try to work out in this moment of, as
Carney keeps calling it, rupture, what
was really what is really going on.
And then Carney comes in and says
publicly in the voice of a very sober
world leader and a very card carrying
member of that global elite, right? A
former central banker, right? Carney is
not some wildeyed radical. He is as
Davos as Davos can possibly get.
It created a moment of
collective
admitting collectively admitting what
was already in some ways known but
inconvenient to to see right when a when
a marriage or something goes bad often
what has happened has already happened
but then there's a moment where the
participants see it and Davos seems to
have been a moment both because of what
Trump was doing and then in some ways
Carney creating
a point of coordination
in which people who saw it but weren't
admitting it admitted it. People who
maybe weren't seeing it saw it. And it
feels like we've moved through a sort of
a portal of of understanding what that
means in terms of action after it is not
obvious to me at all. But I think it's
hard to imagine
going back to the pretenses that were
operating before. And and by the way,
that Trump has been trying so hard to
destroy himself.
>> Yeah.
>> Right. This is not like something Carney
did to Trump.
>> In some ways, Carney and Trump are I
think quite agreeing on the nature of
what America
now is
and forcing everybody else to agree with
it too.
>> Yeah. And I think that the way that I
would maybe reframe what you're saying
very slightly and a little bit more
abstractly as I say I am a professor is
that uh what we are seeing here is you
know there is an agreement about what
America is but where there is
disagreement is whether or not America
can continue to be that and can continue
to play the uh oversized uh role that it
has played in the world. So uh and you
know here you know so I think and I
should also say because I don't think I
said it it was a fantastic speech uh you
know as speeches go speech
>> yeah carney speech as speeches go this
was uh not simply a uh emperor's new
clothes moment it was an extremely
well-crafted rhetorical way of uh both
on the one hand pointing to the uh
pointing to what was happening now but
on the other hand explicitly admitting
and I don't think that it would have had
nearly as much force if it hadn't
admitted this, explicitly admitting that
a lot of what had preceded this during
the so-called good old days had perhaps
not been as good as they looked. So, I
do think that you're right, you know, if
if there is, you know, in a certain
sense, Carney speech, it's about a
rupture, but it's also clearly a very
visible effort to try to create public
recognition around that rupture from
which other stuff can perhaps begin to
happen. But whether or not that stuff is
going to happen, you know, it really,
you know, you you recognize that there
is a that there is a fundamental
difference in the world and you also
create collective knowledge that
everybody knows that everybody knows
that uh there is something different in
the world and that provides something to
build from but it is an extremely
uncertain uh foundation. Uh the other
thing that I think is really interesting
here is the uh this so-called board of
peace that Trump is building up uh which
uh does seem to me uh to be doomed to
failure. And you can think about this
very cynically. You could think about
this as being and I I do think that this
explains maybe 80% of it. It's a little
bit like uh True Social uh which is his
uh pet social media service in the
United States which is a platform
wrapped up in a special purpose vehicle
which is intended to uh profit him and
the people around him but it also is I
think a kind of a bid for a different
kind of legitimacy. So my co-author Abe
Newman who I've mentioned uh together
with Stacy Goddard has this piece which
they wrote recently on what they call
neo royalism which is effectively
arguing that what Trump and people
around him are trying to do is to create
a different kind of international system
which is based around clan loyalties and
based around people recognizing that
legitimacy does not come from the fact
that they are states but comes from
their relationship to Donald Trump. So I
think in a certain sense you could see
the Carney speech as pointing towards an
uncertain future and you could see the
Trump approach of the board of peace as
pointing towards a project which I think
is going to be extremely difficult for
them to actually pull off in which uh
the power of the world shifts to uh you
know shifts to people like Trump shifts
to other authoritarian regimes and
shifts in a sense to recognition of who
are the uh big powerful individuals and
those connected to them and uh in a
certain sense to a kind of the creation
of a dark davos. In other words, you
take, you know, the idea is you take
this consensus, which is this consensus,
which is really an elite consensus, and
you try to push it towards a very
different form of power, which is much
more based around sort of the uh, you
know, the the recognition of personal
relationships, creations of family
dynasties, all of these things that we
haven't seen since the 15th or 16th
century.
The Havvel story reminds me of something
that you've written about building on
the late political scientist Russell
Harden and you wrote there that power in
modern societies depends on social
coordination. That is just as true of
aspiring authoritarians like Trump as of
the people who want to mobilize against
him. Tell me a bit about this idea of
power as a coordination problem both for
you know the authoritarian or the
hegeimon and for those trying to create
some kind of alternative.
Okay. So here the idea and I I should
say this is building upon other people's
arguments is pretty straightforward. So
if you think about a transition in
political order and you can think about
this in the US context, you can think
about this in the global context. It is
a it is really an effort to try and
recreate collective knowledge,
collective wisdom, collective consensus,
everybody's understanding of the way
things work around a different pattern,
a different approach of one sort or
another. And so this creates advantages
and disadvantages for people like Trump
uh who in a certain sense you know they
want to recreate the system around
themselves and around their own desires.
Their advantage is uh if they are in
charge as the United States uh is in a
certain sense, it does have power in the
global system. If you're in charge, I'm
sure as Trump is domestically, if you're
capable of getting goons to do your uh
stuff for you, you are able to frighten
and to terrorize people and you're also
able to offer people incentives to get
on board. Uh so what you want to do is
to create a world in which everybody
knows that the uh sensible strategic
thing is to uh join the Trump coalition.
You want to create a world in which this
becomes just the general consensus.
Everybody knows that this is what you
want to what they what they ought to do
if they actually want to prosper and
succeed and have any chance. And so you
um sort of you you try to organize the
world around this. Equally, the problem
that you face is that the uh more that
you're capable of using this violence,
uh the more that you're capable of using
these uh tools, the more that people
will be nervous that if they sign on to
your side of the uh bargain, they are
going to uh perhaps delay their
punishment, but they're going to end up
being uh comprehensively uh screwed over
at some later stage in the process. So,
that is the strategic dilemma that
you're trying to solve. You're trying to
on the one hand bring people in. On the
other hand, you're trying to reassure
them that if they are brought in uh that
they are not themselves going to become
victims some way down the line. Uh the
other side of the thing that uh both the
world and that uh that that the uh
opposition in the United States have
going for them is that uh Trump is not
particularly good at this game of uh at
this game of sort of persuading people
on board and then sort of persuading
them that they will sort of get what
they want out of him. He is in a certain
sense you know sort of his short-term
transactionalism I think works very
heavily against him. Uh and I think you
see this for example sort of the best
example I think I I see of this is the
law firms. So you see this one firm Paul
Weiss which signs on uh very early it
crumples and sort of gives in uh in a
way that uh encourages other law firms
to give in as well. But once it gives in
it discovers that the deal that it
thought it was signing up to is not the
deal that Trump thinks that he wants to
have. And it's very clear that uh it
then becomes uh it finds itself in a
situation where it is going to get
squeezed and squeezed and squeezed and
squeezed
>> and reputationally destroyed
>> and reputationally destroyed. you know,
sort of young associates presumably do
not want to go with the firm who
capitulated uh and you find yourself in
an extremely difficult position. And
this wins short-term benefits for the
Trump administration, but it wins those
benefits at the cost of uh undermining
its long-term ability again to commit in
a certain sense to restrain itself. And
uh that is the one thing that is Trump's
fundamental weakness is he is incapable
of committing to restrain himself in the
future. And I think that this is perhaps
the single greatest flaw and weakness uh
that uh other people can push back
against. There's another weakness here
too or I think it's a weakness. You you
go back to the piece in which Havvel
offers up this story and he describes
the importance of the sign saying
something that is principled. Right? The
sign in his story is workers of the
world unite and that sign is on the one
hand an expression of obedience to the
regime but it is also a
inspiring or at least unobjectionable
slogan. And Hava writes that the sign
helps a green grosser to conceal from
himself the low foundations of his
obedience at the same time concealing
the low foundations of power. It hides
them behind the facade of something
high.
What always strikes me about Trumpism is
the absence of the facade of something
high, including in this Greenland
idiocy where he starts this particular
round by sending a letter to the leader
of Norway
saying that because you didn't give me
the Nobel Peace Prize, which by the way
is not given out by the government of
Norway, I don't have to worry so much
about peace anymore. I'm just going to
do what America needs and and I want
Greenland.
The pure like brutish, narcissistic,
gangsterish, it made him look terrible.
And and much of Trump's transactionalism
has that quality where it is claiming
this honesty and its corruption
and its venality, right? Everybody is
like this. I'm just the one who's
willing to admit it. But it also creates
this vulnerability because actually
people aren't all like that and people
do cooperate and they do restrain
themselves and they do try to exist in
relationships with others and they are
committed to ideals and values and the
fact that it's pay me tribute not
workers of the world unite. I mean
that's some of where Carney is getting
his power here too, right? He is doing
something that is somewhat dangerous for
him to do, right? He's clearly taking a
risk by doing it. He's clearly
committing to certain ideals by doing
it. And I I do think a weakness of
Trumpism is that I don't think people
want to live in that world and he
doesn't pretend it's a different world
than it is. He just, you know, like the
mafia boss tells you to to, you know, to
pay your tribute and bend the knee or
something bad's going to happen. I think
that's right. And I think that also, and
this is something, you know, so again,
getting back into domestic rather than
international politics. So one of the
key moments in the uh in the fall of the
Berlin wall are these protests that
happen in Leipzig in a uh East German uh
city. And so these protests get bigger
and bigger and they begin to create a
collective understanding that in fact
the regime is wildly unpopular. And so
Suzanne Lman who's a political scientist
who wrote this classical article on this
she argues that what happens one of the
key things here is that the uh leipig
protesters they seem like normal people
they seem like good decent people you
would like to have as neighbors you know
so they don't seem you know so the East
German propaganda is that these are uh
evil weird freaks that these are um you
know so these are sort of dissident you
know they're scruffy they're whatever
it's the fact that these look like
normal ordinary people that actually
make this powerful. So I think what
we're seeing in Minnesota is we're
seeing uh ordinary people, you know, so
it's very very clear that the people who
are organizing, the people who are
pushing back, they are neighbors. They
are people who seem like very
straightforward, very ordinary
Midwestern people, uh people who are,
you know, sort of part of the community.
And I think that the uh killing of uh of
of good I think also I'm sorry you know
she does not seem like somebody who is
uh strange who is unusual
>> domestic terrorist in her language.
>> Yeah exactly. She is not a domestic
terrorist under any reasonable
definition of this. So I think so I do
think that this becomes more and more of
a weakness the more that you have uh
people who are out in the streets and
sort of dragging people off in cars.
you're, you know, there people are
getting beaten up, cracked ribs. Um,
there's this poor, uh, guy who is
dragged out in his underwear. I think
that this does create
>> this child used his bait to trap a
family.
>> This child used
>> now in detention.
>> Yeah. Yeah. and and you know so on the
one hand um sort of we do live in a
fractured media landscape where people
get you know so people are embibing all
sorts of uh content which uh supports
and reinforces their priors so there are
a lot of people who this does not get
through to but there also does seem to
be evidence from the uh polling uh that
in fact I'm sort of these stories are
actually connecting with people in a
different way so I do think that you
know the p a lot of the power of the
powerless in a sense comes from the
creation of a consensus and uh bluntly
speaking a moral consensus a moral
consensus that what is happening is
wicked what is happening is wrong what
is happening is is uh in some
fundamental sense evil and I think that
uh to the extent that the uh what the
Trump administration is doing gets on
the wrong side of that either
internationally or domestically it does
create a way for people to start pushing
back There's another framing device
Carney uses in his speech that that I
thought was interesting where he
references a a famous quote of
lucidities. I want to play it for you.
>> It seems that every day we're reminded
that we live in an era of great power
rivalry, that the rules-based order is
fading, that the strong can do what they
can and the weak must suffer what they
must. And this apherimism of Thusidities
is presented as inevitable as the
natural logic of international relations
reasserting itself.
>> Tell me about that line from
Thusidities. What he was describing and
what the lesson of it was maybe then and
now.
>> Okay. So the lesson is very
straightforward and it is a very
different lesson than many many people
take from it. People take this dialogue,
this famous dialogue in in Susides as
being evidence of a dog eat dog world, a
world in which the millions who are
desperately pleading that the Athenians
not massacre them. Uh you know they they
they make this plea and the Athenians
tell them you know sort of you know
you're tough luck. We're going to sort
of massacre your menfolk and we're going
to take your women and children away and
turn them into slaves. So this is seen
as being a kind of a expression of real
politique. This is not how Tusides
himself talks about it. It's very very
clear that the dramatic tension that he
is describing here is effectively a
description of Athenian hubris. It is a
description of Asen's willingness to
more or less do whatever the hell it
thinks it wants to do, whatever is in
its temporary interest in the assumption
that it is going to be able to keep on
getting away with it. And uh Tusides
also he has these uh passages where he
describes how this hubris really infects
the entire Athenian population. Uh this
is in fact a symptom of all that is
rotten in Athens. All that is rotten in
this purportedly democratic power. how
it is that they elect demagogues like
Cleon and sort of who guides this uh
notoriously unsuccessful expedition in
which uh many Athenian uh citizens and
so they end up themselves being enslaved
and uh the result is the gradual
collapse of Athenian hedgemony over the
entire miniature empire that it has
created. Athens finds itself being
occupied by Sparta as it finds its own
citizens and sort of being enslaved as I
say and also as it becomes uh broken
down and becomes effectively uh you know
so this happens after uh his lifetime it
becomes a secondary power at best even
in the Greek citystate system let alone
in the Mediterranean world as a whole
>> I think that's a good place to end
always our final question what are three
books you recommend to the audience
>> okay so I've got three books one of
which is uh directly connected to these
questions. It's uh by a woman a
historian uh called Mary Bridges called
dollars and Dominion. And so it is on
the one hand it is not about what is
happening right now. is about what what
is happening what was happening in the
beginning of the 1900s uh when the
United States was trying to build up the
kind of hedgeimonyy that we've talked
about during the course of this show and
uh it is really about how the people who
are trying to build it up look like some
of the people who are acting now I'm
sort of in the twilight of this uh
period they are uh very self-interested
they're kind of venal they're building
on their political connections and they
also don't have much of a clue of what
they are doing. So I think that what I I
take from this is on the one hand that
uh people you know sort of you know we
are in a chaotic world that very often
we tend to overestimate the Machavelian
cunning of the people who uh we are up
against. On the other hand even people
who are trying to bumble through they
can sometimes actually win they can
sometimes actually achieve what they
want to achieve. Second book is a book
that's not available yet but will be out
in the United States I think in maybe
two months. It's by uh Francis
Spuffford. Uh it's called Nonsuch. Uh so
Spuffford wrote this incredible book
called Red Plenty, which uh really I and
Abe took as one of our models for how do
you write a complicate a book about
complicated structures uh using uh
individuals in order to tell the stories
of how that those structures work. This
is a very different book in some ways.
It's a fantasy set during the uh World
War II blitz of London. Uh but it's also
a book about what is happening right
now. And it's a book that has in some
really interesting ways uh economic
systems and how economic systems uh work
woven through the narrative in ways that
you don't particularly notice but you
actually end up uh learning quite a lot.
And the final book is a book by Tinuan
which has just come out called the
score. And it's just a you know I don't
even know how to begin to describe this
book. It is about uh making pizza. It is
about games. It is about the big
structures that and sort of that shape
our lives and how they don't recognize
the knowledge and the wonder and the
intimacy uh that we have together and it
pulls together these desperate and many
other disperate things into this
incredibly compelling narrative. It is
just a uh you know it is just a
ridiculously beautiful book. We live in
times when it's very easy to just feel
unhappy and desparing and uh I think
that this is a book that brings back
joy. Henry Frell, thank you very much.
>> Thank you.
Ask follow-up questions or revisit key timestamps.
At Davos, Mark Carney, the Prime Minister of Canada, delivered a remarkable speech declaring an international "rupture, not a transition," which sent shockwaves through the global community. The speech, given by an establishment figure like Carney, underscored a significant shift in international relations, moving away from a values-based order. This rupture is characterized by the concept of "weaponized interdependence," where global economic integration is now used by great powers, especially the United States, as a tool for coercion rather than mutual benefit. Examples include the U.S. using its financial system to target entities in North Korea and Iran, and sanctioning International Criminal Court officials. This phenomenon is likened to the "enshittification" of platforms, where the U.S. is extracting value from a system it once built to add value, treating its hegemony as a
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