What Mark Carney ultimately wants, Peter Foster concluded in 2021 after reading Carney's
manifesto Value(s), is "a technocratic dictatorship justified by climate alarmism"
Peter Foster: Mark Carney, man of destiny, wants to revolutionize society. It won't be pleasant | National Post | Peter Foster:
June 5, 2021 (updated January 16, 2025) - "In his book Value(s): Building a Better World for All, Mark Carney, former governor both of the Bank of Canada and the Bank of England, claims that western society is morally rotten, and that it has been corrupted by capitalism, which has brought about a 'climate emergency' that threatens life on earth. This, he claims, requires rigid controls on personal freedom, industry and corporate funding....
"Since the advent of the COVID pandemic, Carney has been front and centre in the promotion of a political agenda known as the 'Great Reset,' or the 'Green New Deal,' or 'Building Back Better.' All are predicated on the claim that COVID, and its disruption of the global economy, provides a once-in-a-lifetime opportunity not just to regulate climate, but to frame a more fair, more diverse, more inclusive, more safe and more woke world.
"Carney draws inspiration from, among others, Marx, Engels and Lenin, but the agenda he promotes differs from Marxism in two key respects.
- First, the private sector is not to be expropriated but made a 'partner' in reshaping the economy and society.
- Second, it does not make a promise to make the lives of ordinary people better, but worse. Carney’s Brave New World will be one of severely constrained choice, less flying, less meat, more inconvenience and more poverty: 'Assets will be stranded, used gasoline powered cars will be unsaleable, inefficient properties will be unrentable,' he promises.
"The agenda’s objectives are in fact already being enforced, not primarily by legislation but by the application of non-governmental — that is, non-democratic — pressure on the corporate sector via the ever-expanding dictates of ESG (environmental, social and corporate governance) and by 'sustainable finance,' which is designed to starve non-compliant companies of funds, thus rendering them, as Carney puts it, 'climate roadkill'.... Carney’s Agenda is promoted by the United Nations and other international bureaucracies and a vast and ever-growing array of non-governmental organizations and fora, especially the World Economic Forum (WEF), where Carney is a trustee. Also, perhaps most surprisingly, by its corporate victims. No one wants to become climate roadkill....
"Despite his thorough castigation of market society, Carney somehow also believes this 'corroded' society is clamouring to make great personal sacrifices for draconian climate actions and the UN’s Sustainable Development Goals. Carney has been a prime pusher of 'net-zero,' the notion that climate-related human emissions must be entirely eradicated, buried or offset by 2050 if the world is to avoid climate Armageddon. He claims that net-zero is 'highly valued by society.' In reality, the vast mass of people have no clue what it entails; when Carney talks about this version of 'society,' he is talking about a small, radical element of it.....
"Carney is a classic example of what Friedrich Hayek called the “fatal conceit” of constructivist rationalism: the belief that the largely spontaneous institutions of the market order should be rejected in favour of more deliberately planned arrangements. Carney is undoubtedly an intelligent man, but Hayek stressed that the thing that intelligent people tend most to overestimate is the power of intelligence — particularly if they happen to be socialists.
"Carney is also of the class that philosopher Karl Popper described as 'enemies' of an 'open society.' Popper noted that social upheavals tend to bring forth prophets who claim to understand the forces shaping the future, and promise salvation if they are given absolute power. Such was Plato’s model.... Similarly, Marx’s communism was a response to the turmoil of the Industrial Revolution....
"What Carney ultimately wants ... is a technocratic dictatorship justified by climate alarmism..... [A]ccording to Carney 'political technology' is needed to 'build a broad consensus around the right goals.' No question of debating the goals, or the science, just building a consensus to support them.... The threat is too great to permit any argument."
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