‘Democracies do not appear to be very successful in reducing economic inequalities.’ Justify the statement with reasons.

We find growing economic inequalities in the democratic system of government.

a. A highly disproportionate amount of wealth is concentrated in the hands of a few upper-class/rich households.

b. The share of such households in the economy is growing notwithstanding.

c. Those at the bottom of the caste hierarchy/ society have very little to depend upon both in terms of money and health.

d. Their incomes have been dawdling with the passage of time. They even find it difficult to scrape a set of square meals at times.

e. The poor constitute a large proportion of our voters, and no party prefers losing the elections.

f. Yet, the question of economic inequalities has not been addressed by the government as expected.

In reality, democracies do not appear to be very successful in reducing economic inequalities.