Is it Fair to say that Democracies are More Prosperous than Others?

By Shivank Goel|Updated : August 29th, 2022

It is not fair to say that democracies are more prosperous than other kinds of governments. It is not a good argument and is not in favour of democracy. There are many countries that are not democracies yet quite successful and economically developed. Saudi Arabia, China and Cuba are such countries that are economically well-developed.

India being a democracy, faces many challenges to date as there are a variety of people residing in different areas of the country. There are different kinds of opinions all over, and that leads to some issues that are uncalled for. India is a diverse country, and that results in certain disputes, which are inevitable owing to the diverse culture and existence of so many different cultures, religions and ideologies.

Advantages of a Democracy

There might be many disadvantages and challenges when it comes to the Indian democracy owing to the diverse culture and customs, but there are more advantages than disadvantages here.

  • A democracy responds to the needs of the people in a much more thoughtful manner and has a proper system in place.
  • Resolving conflicts in a democracy is much easier owing to the very many processes and institutions set up for this purpose.
  • Laws have to be followed equally by all the people of a democracy irrespective of their status in society.
  • Elections are conducted on a regular basis in a democracy which gives enough power to the people to select their representatives.

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  • No, we can not claim that democracies are necessarily more developed & prosperous than other countries.

  • Countries like Cuba, Saudi Arabia & China are not democracies yet are economically well-developed.

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