LSE: Public lectures and events Visions for the future with Daron Acemoglu
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Jun 18, 2025 
Daron Acemoglu, a distinguished LSE alumnus and co-recipient of the 2024 Nobel Prize in economics, shares his insights on the future of governance and democracy. He explores the urgent need to reimagine liberal democracy to regain support across diverse groups. The conversation dives into the tensions between individual freedoms and community responsibilities, the impact of technology and neoliberalism, and shifting political dynamics among the working class. Acemoglu emphasizes tailored governance models to navigate the complexities of modern democracies.
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Local Government and Social Adaptation
- Liberalism thrives on individuals making choices within communities based on shared trust and mutual respect.
- Diversity and local self-government encourage experimentation and social adaptation essential for progress.
Industrial Compact to Post-Industrial Shift
- The industrial compact linked technological progress with wage growth, shared prosperity, and strengthened labor via unions.
- Post-industrial technologies like digital automation disrupted this compact, breaking growth's link with broad labor demand.
Education Divide and Political Fragmentation
- Political power diverged as the college-educated group separated culturally and economically from the working class.
- This elite's dominance and differing values caused liberalism to lose broad working-class support, fueling backlash.
