• 6 Posts
  • 16 Comments
Joined 3 years ago
cake
Cake day: June 16th, 2023

help-circle




















  • But Carney’s main point was that “middle powers” need to build up a network of deals with each other, instead of a whole bunch of arrangements with a single hegemonic power, as protection against being beholden to the larger power. The China deal in itself is not an example of what he was advocating. An example of that would have to take the form of multiple deals with multiple peer countries. The speech was a rallying call for European countries to join Canada in that project.

    The article has a point about Canada’s industrial policy, and there are indeed risks in dealing with China. But the article’s main argument seems to be that Europe should not follow his proposal in the speech because he did a deal with China and deals with China will harm them just as they’ll harm Canada, and that argument misfires. Carney wasn’t proposing that everyone just do deals with China, but that they deepen trade relationships with each other. And no one would expect that to be accomplished in the few days since he called for it.