It was Mark Carney who broke the spell. At the 2026 Davos conference, the Canadian Prime Minister asserted a “the end of a pleasant fiction and the beginning of a harsh reality.” But what was that pleasant fiction, exactly? And was the now-ruptured international liberal order really just make-believe? In our forthcoming summer print magazine, FP contributors set out to articulate which parts of our world are dying—and what might come next. From Nathalie Tocci on transatlanticism, to Branko Milanovic on Neoliberalism, to Rosa Brooks on the idea of morality itself, the essays in this issue will leave you clear-eyed about the strange times we are living in, and the stranger times ahead.—Amelia Lester, deputy editor