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What Happened to Liberal Democracy?' | Bloomberg Businessweek
Posted
August 14, 2026
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August 14, 2026
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Liberal democracy has failed its supporters on several key promises: when it stopped delivering shared prosperity; elevated a new college-educated elite; and drifted away from free expression and democratic self-government. In his new book, Nobel Laureate in Economics Daron Acemoglu argues that repairing liberal democracy is not the answer and offers a new framework: Working-Class Liberalism.
For more, Carol Massar and Tim Stenovec spoke with Daron Acemoglu, Nobel Laureate & MIT Institute Professor
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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