Why is democracy not able to reduce inequality’ of incomes between different citizens? Explain.
We find growing economic inequalities in democratic societies. A small number of ultra rich enjoy a highly disproportionate share of wealth and incomes.
- Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining.
- Sometimes, they find it difficult to meet their basic needs of life such as food, clothing, house, education and health.
- In actual life, democracies do not appear to be very successful in reducing economic inequalities.
- The poor constitute a large proportions of our voters and no party will like to lose their votes. Yet, democratically elected governments do not appear to be as keen to address the question of poverty as we expect them to. The situation is much worse in some other countries. In Bangladesh, more than fifty per cent of its populations lives in poverty.