The recent speech by Mark Carney, titled “Principled and pragmatic: Canada’s path,” is best read not as an idiosyncratic policy statement but as a representative document of an intellectual tradition that has reached its limits. The speech articulates, with clarity and restraint, the worldview of late neoliberal technocracy: economically literate, institutionally cautious, normatively earnest—yet historically thin and politically incomplete. In that sense, it deserves to be t