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In: Economics

what are the advantages and disadvantages of liberal democracies system?

what are the advantages and disadvantages of liberal democracies system?

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Expert Solution

Advantages:

1. It protects the interest of citizens.
As previously stated, the citizens in a democratic country are given the right to vote on political, social and economical issues, particularly the representatives they want to be in charge of making major decisions, such as the president. This can greatly protect the people from anything they would disagree to occur.

2. It prevents monopoly of authority.
Due to the fact that the government is bound by an election term where parties compete to regain authority, democracy prevents monopoly of the ruling authority. And, the elected ruling party would make sure their policies will work for the people, as they will not be able to remain in power after their term with bad records—they will not be re-elected.

3. It promotes equality.
Generally, democracy is based on the rule of equality, which means that all people are equal as far as the law is concerned. Every person has the right to experience and enjoy equal political, social and economic rights, and the state is not allowed to discriminate him on the standard of sex, class, religion and property.

4. It makes for a responsible and stable administration.
When there are elected and fixed representatives, a more responsible government is formed. Thus, democracy can be efficient, firm and stable. Its administration is ruled and conducted with a sense of dedication, and people under this system discuss matters and problems thoroughly to come up with sensible decisions.

5. It brings a feeling of obligation towards the citizens.
The ruling authorities owe their success to elections by the citizens, so they would feel grateful to and socially responsible for them. This can serve as their motivating factor to work for the citizens, for they have the right of choosing their government.

Disadvantages:

1. It might allow misuse of public funds and time.
Democratic governments can lead to wasted time and resources, considering that it takes a huge amount of time on formulating laws and requires a lot of money to be spent during elections. It is also highly possible that the country will be ruled by incompetent and irresponsible leaders who will just spend public funds for their own tours and recreation.

2. It instigates corruption.
Those who are elected to power might resort to unethical means for personal interests and engage in corrupt practices. During their tenure in office, they might take advantage of authority for personal gains, putting the interests of the masses at the backseat.

3. It risks the wrong choice of public servants.
Truth be told, not all individuals under a democratic government are aware of the political and social circumstances in their country. In a voting system, majority wins, and there is no distinction between the votes cast by the literate and the illiterate. People may favor a candidate based on other factors other than pure and required capability. Taking these things into consideration, the elected official may not always be the perfect person for the seat, leading to erroneous decisions.

4. It allows not exercising the right to vote.
Sadly, in some democratic countries, people fail to exercise their right to vote. Perhaps, they are reluctant to do it or are just less aware about the impact of their votes. Or, perhaps they do not see it as a privilege and take the process less seriously.

5. It may put more emphasis on quantity, rather than quality.
Another disadvantage of democracy is in terms of providing services—it tends to put more emphasis on quantity, rather than quality. Also, considering that the system might be governed by irresponsible and incompetent leaders, equality might be in question for only the rich and famous might be prioritized more than the poor.


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