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What Happened to Liberal Democracy? : Remaking a Politics of Shared Prosperity - FROM THE WINNER OF THE NOBEL PRIZE IN ECONOMICS - John Lee

What Happened to Liberal Democracy?

Remaking a Politics of Shared Prosperity - FROM THE WINNER OF THE NOBEL PRIZE IN ECONOMICS

Read by: John Lee

Author: Daron Acemoglu

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Published: 11th August 2026

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From its inception, liberalism offered a glittering promise of shared prosperity, equality, democratic values and the free pursuit of knowledge. At first, it flourished. And then it faltered. Once a tantalising beacon of hope, it began to erode and decay at the hands of elitism, intolerance and rising autocracy.

One could say that liberalism is broken. So what comes next?

Nobel prize-winning co-author of Why Nations Fail Daron Acemoglu charts the rise and fall of liberal democracy, and offers hope for a way forward: a new theory that lays the groundwork for how we can - and must - remake liberalism before it's too late.

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