The world has chosen democracy over monarchy to help people benefit from this system. As we know, in monarchy system, there is no role of common man in ruling system.Actually, A monarchy is a Government system that has one person as the permanent head of state until he or she dies or gives up his or her position. In contrast, Democracy is a form of government in which all eligible citizens participate equally, either directly or indirectly through elected representatives in the proposal, development and creation of laws.
There are 4 pillars in democracy - Executive, Legislature, judiciary and media. The most possible danger for democracy is media. Remember the fact that newspapers, news channels, radio and social sites are the parts of media. crony capitalism has to be blamed for the possible misuse of media.
crony capitalism is a term describing an economy in which success in business depends on close relationships between people and government officials.
nowadays upper middle class buy shares of few renowned companies. even the government officials invest in these companies. Success in business will benefit all of them who have bought a lot of shares of these companies. That's why crony capitalism came into existence. It will benefit the businessmen and government officials.
As a result, few rich and corrupt people will use all the resources and a majority of people Will live in poverty. this is Injustice.
Further, the corrupts ( media + corporate + politicians) will join hands to maximise their dividends. Big corporations are now investing in news channels. They want to own most of the news channels to hide their black money and corruptions from the public. They want to use media to advertise the present government and hide the wrong deeds.
India is a county which is best suited for crony capitalism. most of the people are illiterates. They don't have any other Source of information except radio and television. whatever they listen or watch they believe it to be real. They will be shown that international economy is down so there is unemployment and poverty in the country.
There are 4 pillars in democracy - Executive, Legislature, judiciary and media. The most possible danger for democracy is media. Remember the fact that newspapers, news channels, radio and social sites are the parts of media. crony capitalism has to be blamed for the possible misuse of media.
crony capitalism is a term describing an economy in which success in business depends on close relationships between people and government officials.
nowadays upper middle class buy shares of few renowned companies. even the government officials invest in these companies. Success in business will benefit all of them who have bought a lot of shares of these companies. That's why crony capitalism came into existence. It will benefit the businessmen and government officials.
As a result, few rich and corrupt people will use all the resources and a majority of people Will live in poverty. this is Injustice.
Further, the corrupts ( media + corporate + politicians) will join hands to maximise their dividends. Big corporations are now investing in news channels. They want to own most of the news channels to hide their black money and corruptions from the public. They want to use media to advertise the present government and hide the wrong deeds.
India is a county which is best suited for crony capitalism. most of the people are illiterates. They don't have any other Source of information except radio and television. whatever they listen or watch they believe it to be real. They will be shown that international economy is down so there is unemployment and poverty in the country.
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