How democracy is successful in reducing inequality and poverty?
Answers
Answer:
in most of the democracies a small number of ultra rich enjoy a highly disproportionate share of wealth and income
-The share of rich class is increasing where as those who are at the bottom of the society have very little to depend upon
-even in India the poor constitutive large proportion of our voters and no party will like to lose its votes . Yet democratically elected government 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. People in several poor countries are now depended on the rich countries even for the food supplies
-Even the Indian democracy has also failed to tackle the issue of inequality. Even after more than 65years of independence, more than 30% of the people still survive only with 1.25dollar per day.
Explanation:
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