About the Book: In this thought-provoking political and economic analysis, Nobel Prize-winning economist Daron Acemoglu examines the rise, decline, and future of liberal democracy. Exploring inequality, elitism, political polarization, and rising authoritarianism, he explains why liberalism has faltered and what can be done to rebuild it. A compelling guide to democracy, economic prosperity, political reform, and the future of liberalism, offering a hopeful vision for a more inclusive society.