Is Democratic Socialism a Better Form of Government?

1914 WordsJul 9, 20188 Pages
Is democratic socialism a better form of government? Democratic socialism is a form of government whose popularity is growing exponentially. It is found that democratic socialism is a better alternative to capitalism and communism, two other very popular forms of government. Democratic socialism can be considered the best form of government because key industries are nationalized, there is an even distribution of wealth, and it produces a well working economy. The theory of democratic socialism is to provide a society in which the needs of all people, not just the wealthy, are met. It also involves the sharing of wealth among the society as a whole. Democratic socialism is a political and economic theory of social organization that…show more content…
The bottom fifty percent own only 1.1 percent of the wealth in the United States. Credit Suisse reports that in the United States there are over 32 million millionaires. They point out that this “group that comprises less than 1 percent of the world’s adult population, yet collectively holds 41 percent of global household wealth” (Clark). That means that in a world of seven billion people, less than one half of one percent of them own over forty percent of the wealth on earth, and that one half of one percent lives in the United States. Adding to the illusory state of our well-being is the idea that the United States is a democracy. In a scientific study set to be published in the Fall of 2014, in the academic journal Perspective on Politics, researchers Martin Gilens and Benjamin I. Page posit the theory that the United States, for all intents and purposes, is an oligarchy. They conclude: "Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features

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