The Golden Rule: Those With The Gold Make The Rules

Ashwin Sanghi
Jan 26, 2026 | 21:14 IST

Bharat’s ancient epics also spell out what Mark Carney’s speech at Davos did. If India operates without illusions and keeps its options open today, that’s not fence-sitting, but management of uncertainty

The Mark Carney speech at Davos hit like a bombshell. In what felt like a rare moment of straight talk from a Western leader, Canada’s PM admitted something that India’s foreign minister S Jaishankar has been pointing out for years: The so-called “international rules-based order” has a big dose of hypocrisy baked in.

Carney put it plainly: “We knew the story of the international rules-based order was partially false, that the strongest would exempt themselves when convenient…that international law applied with varying rigour, depending on the identity of the accused or the victim.”
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