ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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An Inevitable Possibility under Capitalism

Death of Democracy

What happens to democracy when capitalism becomes global? Capitalist expansion and democratisation are popularly represented by the magical term “development.” However, the unbridled development
of capitalism is invariably based on the over-exploitation of natural resources, and the consequent impoverishment of tribal people, expansion of the middle class and transformation of the nation into a crony capitalist state. The latest phase of capitalism, namely techno-capitalism—with its corporate system of organisation and highly centralised top-heavy administration, or “corporatocracy”—signifies the measured death of democracy.



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Updated On : 24th Aug, 2018

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