2. In actual life democracy do not appear to be very successful in reducing economic inequalities explain by giving examples
Answers
The democracy doesn’t guarantee economic development. In most of the democracies, a small number of ultra-rich enjoy a highly disproportionate share of wealth and income. For example, countries like South Africa and Brazil, the top 20% people take away more than 60 % of the national income. Unfortunately, those who are at the bottom of the society have a very little share (less than 3 %) to depend upon. Even in India, the elected government looks reluctant to take necessary steps for the upliftment of the large section of poor in our society. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty. People in several poor countries are now dependent on the rich countries even for food supplies.Thus, it can be concluded that in actual life, democracies do ’ not appear to be very successful in reducing economic inequalities.
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Answer:
As democracy is the government of the people, so one expect democracies to reduce economic disparities. Most of the democracies of the world have failed on this issue. In most of the democracies, a small number of ultra rich enjoy a highly disproportionate wealth and income. Their share in the total income of the country has been increasing. Those at the bottom have little to depend upon. In actual life, democracy do not appear to be very successful in reducing economic inequalities. You can take the example of India where even after more than 60 years of democratic government more than 26 per cent of the population still lives below the poverty line. The poor constitute a large proportion of our voters, and no party will like to lose its votes. Yet democratically, elected governments do not appear to be as keen to address the question of poverty as one would expect them to. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty.