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Mark Carney Proclaims the End of American Hegemony

Stephen Maher on an unexpected speech at Davos.

Jeet Heer

January 25, 2026

Mark Carney speaks in Quebec City, Quebec, Canada.(Renaud Philippe / Bloomberg via Getty Images)

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Mark Carney Proclaims the End of American Hegemony w/ Stephen Maher | The Time of Monsters with Jeet Heer
byThe Nation Magazine

Canadian Prime Minister Mark Carney made headlines at Davos with a much-noticed speech

where he candidly acknowledged that the US led alliance system created in World War II was

coming to an end. Carney called for middle powers such as Canada and its European allies to

give up the illusion that a US led world is still viable and instead try to create new institutions to

preserve their values and their sovereignty. I talked to Canadian journalist Stephen Maher, who

has written a biography of Carney’s predecessor Justin Trudeau, about the far-reaching

implications of this speech.

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For our end-of-year show, we are featuring a couple of our Canadian Prime Minister Mark Carney made headlines at Davos with a much-noticed speech where he candidly acknowledged that the US-led alliance system created in World War II was coming to an end. Carney called for middle powers such as Canada and its European allies to give up the illusion that a US-led world is still viable and instead try to create new institutions to preserve their values and their sovereignty. I talked to Canadian journalist Stephen Maher, who has written a biography of Carney’s predecessor Justin Trudeau, about the far-reaching implications of this speech.

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The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

Iran War Heats Up w/ Matt Duss / The Time of Monsters with Jeet Heer
byThe Nation Magazine

The purported ceasefire in the Iran War was always tenuous and now the war is not only heating up but entering a dangerous new phase. The Iranians have closed the Strait of Hormuz and the Houthis are firing on the Red Sea while Donald Trump promises a new wave of attacks on Iran’s civilian infrastructure. I talk about the state of the Middle East and related matters with Matt Duss, vice president of the Center for International Policy.

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Jeet HeerTwitterJeet Heer is a national affairs correspondent for The Nation and host of the weekly Nation podcast, The Time of Monsters. He also pens the monthly column “Morbid Symptoms.” The author of In Love with Art: Francoise Mouly’s Adventures in Comics with Art Spiegelman (2013) and Sweet Lechery: Reviews, Essays and Profiles (2014), Heer has written for numerous publications, including The New Yorker, The Paris Review, Virginia Quarterly Review, The American Prospect, The GuardianThe New Republic, and The Boston Globe.


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