In the recent London production directed by Lonny Price, he did end up representing the carousel, but he completely re-imagined the opening waltz. Rather than setting it at the carnival (or whatever that setting is), he began the sequence with the graduation, and the actors performed the plot of the show in reverse as a ballet. They even went back further than the beginning of the plot, showing Billy as a child getting hit by his father for trying to hide his father's alcohol. It was a complete and utter stroke of genius, IMO. Eventually, when they get to the big swell of music at the end, they did end up representing the physical carousel with the letters of the word "Carousel" acting as the carousel horses (not as cheesy as it sounds - see photo). So I guess it's not exactly the answer you were looking for, since they did represent it physically in the end. But I think Price's re-imagining of that scene shows that there are different ways of handling the opening waltz that don't have to focus on the events at the carnival.
It's really a shame though. Lonny Price had some really brilliant ideas with this production, but it was largely ruined by the disgracefully bad leading performances. Alfie Boe in particular (as Billy) delivered one of the worst musical theatre performances I've ever seen on any profession stage - and this is coming from someone who really liked him in Les Mis. When I first saw the headline that Carousel would be opening on Broadway this season, I hoped it would be a transfer of Price's production with a different cast. Because I think he could have done something really special with the piece if he had competent leads.

Updated On: 1/13/18 at 11:10 AM