The rules-based international order was always a lie that benefited the strongest, according to Mark Carney, Canada’s prime minister and former governor of the Bank of England. Carney said the “old order is not coming back” in a speech at the World Economic Forum in Davos, Switzerland on Tuesday. On Novara Live, Aaron Bastani discusses how the US has used its economic stranglehold on the world as a “weapon of mass destruction” and how that weapon – once only wielded against global south countries – is being turned on the West.

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