Mark Carney, Prime Minister of Canada, delivered special address at the World Economic Forum s Annual Meeting 2026 in Davos, Switzerland. In 1978, the Czech dissident Vaclav Havel, later president, wrote an essay called The Power of the Powerless, and in it, he asked a simple question: how did the communist system sustain itself? The system s power comes not from its truth, but from everyone s willingness to perform as if it were true, and its fragility comes from the same source. When even one person stops performing, the illusion begins to crack. +++FILE PHOTO++From left to right former former British Prime Minister Margaret Thatcher, former US President George Bush, Czech President Vaclav Havel, former Soviet president Mikhail Gorbachev CTKPhotoFO00143591

Mark Carney, Prime Minister of Canada, delivered special address at the World Economic Forum s Annual Meeting 2026 in Davos, Switzerland. In 1978, the Czech dissident Vaclav Havel, later president, wrote an essay called The Power of the Powerless, and in it, he asked a simple question: how did the communist system sustain itself? The system s power comes not from its truth, but from everyone s willingness to perform as if it were true, and its fragility comes from the same source. When even one person stops performing, the illusion begins to crack. +++FILE PHOTO++From left to right former former British Prime Minister Margaret Thatcher, former US President George Bush, Czech President Vaclav Havel, former Soviet president Mikhail Gorbachev CTKPhotoFO00143591

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Recording Date: Jan 1, 1976

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Mark Carney, Prime Minister of Canada, delivered special address at the World Economic Forum s Annual Meeting 2026 in Davos, Switzerland. In 1978, the Czech dissident Vaclav Havel, later president, wrote an essay called The Power of the Powerless, and in it, he asked a simple question: how did the communist system sustain itself? The system s power comes not from its truth, but from everyone s willingness to perform as if it were true, and its fragility comes from the same source. When even one person stops performing, the illusion begins to crack. +++FILE PHOTO++From left to right former former British Prime Minister Margaret Thatcher, former US President George Bush, Czech President Vaclav Havel, former Soviet president Mikhail Gorbachev CTKPhotoFO00143591

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