Carney warned that globalisation and technological disruption had produced ‘staggering wealth inequalities’ and a widespread sense of detachment among citizens in advanced economies. He argued that unless governments address these systemic failures through redistribution, inclusive growth and strong civic institutions – support for open markets and liberal democracy could erode. While defending monetary policy as a stabilising force, Carney acknowledged its limits and called for coordinated fiscal and structural reforms to restore legitimacy and control to those excluded from the gains of globalisation. His remarks framed economic renewal not as a technical fix, but as a democratic imperative.