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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.

Subscribe to The Nation to support all of our podcasts: thenation.com/podcastsubscribe.

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.

Gaza and Elite Accountability w/ Connor Echols / The Time of Monsters with Jeet Heer
byThe Nation Magazine

Many of Joe Biden’s closest advisors are now well-ensconced in the sinecures reserved for the elite, working at think tanks, academia, and major media outlets. Normally, they could expect to have future jobs when the Democrats retake the White House. But this cozy situation is being disrupted by ongoing reporting showing the extent of their complicity in the Gaza genocide and other US crimes in the Middle East. I spoke about this with Connor Echols, managing editor of Responsible Statecraft, who wrote an excellent article on the efforts to hold these officials accountable.

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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 Guardian, The New Republic, and The Boston Globe.


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