Does democracy help in the reduction of inequality and poverty ? Give suitable examples to support your answer.
Answers
Answer:
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Explanation:
Yes, I do agree that somewhere democracy hasn’t been completely successful in case of reduction of economic inequality and poverty.
It is seen that on an average dictatorial regimes have had a slightly better record of economic growth. However, if this record is compared with that in the poor countries, then there is almost no difference. Within democracies, there can be very high levels of economic inequality. In countries like South Africa and Brazil, the top 20% people account for more than 60% of the national income, whereas less than 3% remains for the bottom 20%.
In case of poverty, various democracies’ majority population is poor. They have to struggle hard to meet the basic needs of life, such as food, clothing, house, education and health. This has resulted in an alarming rate of rich getting richer and poor getting poorer. But, conditions in non-democratic countries are even worse and they are not even expected to address the problem.