What are the theories and concepts of democracy? Give brief description of liberal, Marxist and socialist theories of democracy.
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Democracy literally "rule by people") is a system of government where most or all people have rights to equal constitutional participation (e.g. through assembly and voting rights).
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- The theory of democracy seeks to distribute decision making power more equitably. The concept of democracy is rule by the people.
- The Marxist theory of democracy appreciates the liberal democratic system for terminating the ear of feudalism and instead introducing the system of parliamentary democracy.
- It is true that liberal democracy is another name for the capitalist system, but it is emergence should be appreciated in the name of a bourgeois-democratic revolution, a big change that terminated the medieval system of feudalism and paved the way for the advent of socialism.
- Such a democracy under socialism is designated as a socialist democracy or people’s democracy having its own distinctive characteristics.
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