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The Hinge: Time To Build An Even Better Canada [Mark Carney]

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In this insightful and timely book, former Bank of Canada Governor and bestselling author Mark Carney maps out an ambitious and pressing path forward for Canada and the world, as we collectively confront numerous existential threats to our long-standing democratic norms. We stand at a pivotal moment in history, reminiscent of the Allies' situation at the end of 1941, when Winston Churchill was in Ottawa with Mackenzie King. This is an era of uncertainty and escalating dangers that is reshaping global political, economic, technological, and social landscapes, and disrupting our daily lives. The crises we've faced are not sudden, but rather the result of a brewing storm fueled by structural inequality, economic instability, the erosion of democratic principles, the rise of autocratic rule, and our growing confusion between value and values. Over the past 25 years, the combination of crises, globalization, and technological change has led to unprecedented declines in real wages and quality of life in advanced economies. Consequently, trust in institutions is waning at a time when they are most needed.

304 pages, Hardcover

Published May 13, 2025

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About the author

Mark Carney

4 books16 followers
Mark Joseph Carney is a Canadian politician and economist who is serving as the 24th prime minister of Canada and the leader of the Liberal Party since 2025. He has also been the member of Parliament (MP) for Nepean since 2025.

Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor’s degree in economics from Harvard University in 1987, then studied at the University of Oxford, where he earned a master’s degree in 1993 and a doctorate in 1995. He held various roles at Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was named as senior associate deputy minister for the Department of Finance Canada. Carney served as the eighth governor of the Bank of Canada from 2008 to 2013 and was responsible for Canadian monetary policy during the 2008 financial crisis. He then served as the 120th governor of the Bank of England from 2013 to 2020, where he led the British central bank’s response to Brexit and the early phase of the COVID-19 pandemic. From 2011 to 2018, he served as chair of the Financial Stability Board.

After leaving central banking, Carney served as chair and head of impact investing at Brookfield Asset Management and as chair of the board of directors for Bloomberg L.P. He was also appointed the United Nations special envoy for climate action and finance. Carney also worked as one of many informal advisors to Prime Minister Justin Trudeau during the COVID-19 pandemic and was made chair of the Liberal Party’s economic growth taskforce in September 2024. In January 2025, following Trudeau’s announcement of his resignation, he announced his intention to seek the leadership of the Liberal Party of Canada, winning a landslide victory in March. Shortly after winning the Liberal Party leadership election and becoming prime minister, Carney advised the governor general to dissolve Parliament and trigger a federal election, in which he led the Liberal Party to a minority government, the party’s fourth consecutive mandate since 2015.

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Displaying 1 - 4 of 4 reviews
Profile Image for Suzanna.
237 reviews11 followers
July 6, 2025
giving a 5 star rating just to even out the other BS review by someone else who hasn't yet read it yet. but at least I will read it when it comes out; I don't think the 1 star reviewer can read ...
Profile Image for Liquidlasagna.
2,987 reviews110 followers
May 22, 2025
This is the man Samuel P. Huntington warned you about.

........

The formation of a detached elite, sometimes labeled with the neologism "Davos Man", refers to a global group whose members view themselves as completely "international". The term refers to people who "have little need for national loyalty, view national boundaries as obstacles, and see national governments as residues from the past whose only useful function is to facilitate the elite's global operations" according to political scientist Samuel P. Huntington, who is credited with inventing the neologism.

In his 2004 article "Dead Souls: The Denationalization of the American Elite", Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people.

..........

Thus, not only is Carney the advocate of the worst ideas — climate apocalypse tyrannizing, DEI moralizing, ESG regulation — he is literally their champion; poised at the vanguard of their distribution and imposition.

And not only are these terrible, divisive, economically destructive and narcissistically grandiose ideas; they are ideas that have already failed.

The Americans are abandoning the DEI shibboleths en masse, individual voters, companies and governments alike. The populist rebellion is gaining force in the U.K. and Europe. Even Blackrock and Vanguard themselves have leapt off the ESG bandwagon.

Thus, Carney’s much-vaunted international consensus in such regards is collapsing — or has collapsed. This means not only that our would-be prime minister led the whole world in the wrong direction — literally, in the worst of directions — but that he failed while doing so, and by the criteria that he himself established.

More tellingly, however, and more damnable: he appears to have learned from that failure only that he is now fit to leave the international scene and lead a hapless Canada over the same precipice.

Value(s) is, in truth, one of the shallowest books I have ever read, and I have read many, both shallow and deep. It contains no original ideas whatsoever, while the ideas it does contain, however few in number they may admittedly be, are literally the worst that have been formulated by the worst of thinkers in the last few generations; even in the last century or two.

Jordan Peterson

..........

to summarize what his previous book was like

Amazonia thoughts on the matter

- a first year economics student with an exposure to the oil and gas industry would destroy this central banker in a fact based debate.

- I am so disappointed I wasted time reading this book. If this is an example of the leaders who are tasked with addressing climate change, we are done as a civilized society

- Hope you enjoy full Government Control

- Read to understand the mind of the elites. They want a world where Governments and banks have even more power than they already have. Everything will be about climate change and an ESG agenda which is really just about gaining more control over you.

- They believe the world is messed up because people with immense power messed it up, their solution is fewer people with even more power.

- Conclusions don't make sense

- Writer jumps to conclusions without making clear or convincing supporting arguments. It is frustrating trying to understand any logic that he is trying to convey.

- Self promoting piece as a step into politics

- A highly educated man with aspirations to become Prime Minister with popular progressive agenda. His climate change models are wrong, which is odd for a financial Model academic or economist.

- An affection for alliteration [humility-humanity-Hope] and [fiscal-framing-finance] is combined with an overblown faith in financiers and corporates to solve our climate crisis.

- The overriding message seems to be 'follow the leader', particularly one as purposeful, perceptive, clear minded, competent and humble as Mr. Carney so obviously must be. Other than for fans of newly minted jargon, I’d suggest a miss on this.

..........

Interestingly ten weeks before publication

this is what the Amazonia says:

#57 in Political History & Theory (Kindle Store)
#276 in Political History & Theory (Books)
#331 in Political Doctrines (Books)

no one's read it but it's the top 300 for Political Theory on pre-order

Values is actually #1 Best Seller in International Economics

Maybe we really are doomed

Bet you dollars to doughnuts Paul Krugman will never review either book.

.........

one extra takeaway is what I think some have basically 'distilled' some ideas as Carney's aims, or 'advice' that works with some of 'the people' in the MacDonald-Laurier circles as:

- Canada gives you leverage over China and Europe

- Partnering with Canada enhances your hand abroad

- And Canada helps you secures wins for your nation

Basically this snake-oil of the influential mouse being the King of the Jungle I've seen before in the 1970s when some policy people tried to "puff up" Canada as the most essential foreign policy mediator between Washington DC and Moscow

That Ottawa was friendly with Moscow and Washington DC, and has all these 'fantastic advantages' since Washington and Moscow were 'chilly' at times.

Basically, the end result is 'fuck off small fry, you're out of your depth, go fix some igloos'

50 years later, the poseurs are back

........

and delusional talk like this

- we can bring Trump constructively into the G7 framework
- not by confrontation
- but with pragmatism and mutual interests

- Mister Cringe-Hinge must demonstrate that Canada is not a junior partner, but an indispensable North American power
- we have uh, sovereign leverage
- we have, uh, er, global alliances that MATTER

- my strength is my uh, credibility, forget about me talking about Canada being the number one exporters of semiconductors to the United States, you must have misheard me or something

- I'm a banker, and I talk the the language of ECONOMIC POWER
- markets reward the stable
- markets punish the outlier who doesn't play ball with others
- shut up about net-zero and the banks, okay?

- I got a message for you Donald
- You want wins at home?
- Canada can help deliver you endless homers
- i'm a genius
- just watch me

........

In other news

In dreams, some of us walk the stars.

In dreams, some of us ride the whelming brine of space, where every port is a shining one, and none are beyond our reach.

Some of us, in dreams, cannot reach beyond the walls of our own little sleep.
1 review
August 23, 2025
I don't need to read this as it will just be a disaster. It should be called Unhinged: How I Tried to Destroy Canada While Lining My Pocket.
1 review
August 23, 2025
The title should be change to "Time to build an event worst Canada" from the Unhinged.
Displaying 1 - 4 of 4 reviews

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