Daron Acemoglu on How States Succeed—And Why Many Don’t
The Good Fight
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Reimagining Liberalism and Democracy
This chapter examines the evolution of democracy and its relationship with economic prosperity and social mobility, particularly during the mid-20th century. It critiques contemporary liberalism for being out of touch with the needs of the disadvantaged and argues for a revitalized approach that emphasizes community participation and governance. The discussion highlights the importance of addressing rising inequality and fostering trust in democratic institutions while staying true to the core principles of liberalism.
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