In democratic states such as the US, capitalism plays a huge
role. Although such a system has many advantages, it affects economies of
different countries in different ways and therefore in some countries it does
more harm than good. An example of its damaging effects is the accumulation of
wealth in the upper classes while the lower classes face severe poverty. In the
modern age, most countries are trying to adopt a democratic system of
governance like that of the first world. However, due to various
situation-based aspects, many have failed to achieve the positive outcomes of a
liberalized democratic nation and have instead seen the negative results play a
greater role. In my opinion, Pakistan is one of these nations (despite the fact
that since its formation, dictators have ruled for longer than elected parties).
Unequal distribution of wealth has led to a large percentage of the population
lying below the poverty line. This chunk
of population is also uneducated and so unaware of their basic rights. The
ability of these people to make rational decisions when it comes to electing
parties etc is almost non-existent as not only are they unable to fight for their
rights but also due to the presence of a feudal system and the ‘ruling elite’, voting
is usually based on where one’s loyalty lies or to which group one belongs rather
than who best represents their needs. So the question arises, which system
should then be adopted that would lead to a thriving economy and a welfare
state? Would communism be a better option for such countries? As a supporter of
liberalism and individualism, I believe the state should show minimal
interference. What then should be done? Many, like myself, are looking for an answer to this question.
1 comment:
Every governance type has its setbacks but democracy his the least destructive kind of governance.
Post a Comment