The polarized political climate has gone global. US midterms are days away, following closely on fraught elections in Brazil, Serbia and Israel, while in the UK, Prime Minister Andy Burnham's government just unveiled its first budget. For MIT professor Daron Acemoglu, co-winner of the 2024 Nobel Prize in economics, the stakes go beyond individual governments or countries to the state of democracy itself. In this conversation with Mishal Husain, Acemoglu talks about his latest book, “What Happened to Liberal Democracy: Remaking a Politics of Shared Prosperity.” In the book, he offers a prescription for the center-left of politics, the political tradition with which he is aligned, and one which he argues needs a new focus in the age of artificial intelligence and algorithmic social media. Contact The Mishal Husain Show team mishalshow@bloomberg.net Read Mishal’s notes on this episode https://www.bloomberg.com/mishal Other episodes of The Mishal Husain Show you might be interested in: https://www.youtube.com/watch?v=Zb2v7TD3Kvk&list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS&index=9 https://www.youtube.com/watch?v=LV2DdMZwnCM&list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS&index=36 https://www.youtube.com/watch?v=80I8LbQvHUU&list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS&index=48 https://www.youtube.com/watch?v=bC4Spp6Swxc&list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS&index=23 https://www.youtube.com/watch?v=E74LFLQTtl8&list=PLe4PRejZgr0Ns_wjGlmjlPz0cded0nTYS&index=6 Watch Bloomberg Vodcasts: https://www.youtube.com/playlist?list=PLe4PRejZgr0MS0Tqk_zQl1LVVTdWuH2Di Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg For coverage on news, markets and more: http://www.bloomberg.com/video Watch Bloomberg Vodcasts: https://www.youtube.com/playlist?list=PLe4PRejZgr0MS0Tqk_zQl1LVVTdWuH2Di Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg For coverage on news, markets and more: http://www.bloomberg.com/video