Question

"Democracies do not appear to be very successful in reducing economic inequalities."examine the statement with examples.{aleast 5 points}

Answer 1

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.

Answer 2

The statement that "Democracies do not appear to be very successful in reducing economic inequalities" is very much true.

.  Democracies propose political equality and not just distribution of resources.

.  In most democratic countries the most wealth is in the hands of rich. e.g In south Africa 65% wealth is in than hands of top 20% of population. The bottom 20% has a share of only 2.9%.

.   The democratic system allows rich to get richer and poor to poorer.

.  The corrupt and bourgeois controlled government system in democracies didn't allow to reduce the inequalities in the country.