Argue Democracy is profitable for everyone in society or not
Answers
Answer:
This is true in some situations, but not in others. It depends on the government on how is it managing its country. Democracy ensures equality, liberity and fraternity to its people. This type of govt will always have a constitution. The members of the govt are elected by the people. Thus it is more preferable than any other type of government like monarchy, theocracy, communism or dictatorship. But yes, it too has some problems, like the most common one is no doubt corruption. Anyways, it is totally depended on the governing party or the governing body of that countrExplanation:
Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbours and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap.