Daron Acemoglu: ‘If Democrats think everything can go back to normal, it will be a dangerous victory’

Daron Acemoglu discusses the crisis of liberal democracy in his new book, emphasizing the need for a viable plan to address its challenges. He highlights the decline in trust towards democratic institutions and the rise of extreme political factions. Acemoglu argues that simply defeating anti-democratic candidates is insufficient without addressing the underlying issues that fuel discontent. He outlines five urgent challenges for liberal democracy, including the need to leverage community, enhance citizenship, ensure shared prosperity, and provide effective public services. He stresses the importance of balancing community and individual rights in today's polarized environment.