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REDUCTION OF INEQUALITY AND POVERTY
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Democracies are based on political equality
.
All individuals have equal in electing representative.
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Parallel to the process of bringing individuals into the political arena
on an equal footing, we find growing economic inequalities.
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A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes.
-
Their share in the total income
of the country has been increasing.
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Those at the bottom of the society
have very little to depend upon. Their incomes have been
declining.
- In actual life, democracies do not appear to be very successful in reducing economic inequalities.
