Democracy-does it create stability?

I feel that democracy can contribute to economic stability. One important factor in economic stability is the diversity of the different types of trade available. Thus, having more kinds of trade in more areas definitely leads to more economic stability. Being democratic, the country's economic policies would usually be largely affected by the people, who would also very likely be influenced by the outside world. Local businessmen and investors would be especially much affected by the foreign economy, and since the decisions that the government would make would be in line with that of the people's, the government would very likely promote many different kinds of trade and welcome foreign trade. This could diversify trade in the country, making its economy less susceptible to economic downturns as a single economic crash in one field would not affect those in other fields, and allow the economy of the country to sustain its stability and have time to recover.

Political stability can also be brought about when democracy exists in the country. In the case of an authoritarian or a dictatorship, it is very likely that the masses are unhappy with the government policies. This would cause them to be unwilling to obey the government and in some more extreme cases, even rebel against the government and riot. In such scenarios, the country would not be peaceful at all, let alone politically stable. However, in a democratic country, since the government is voted in by the people, it is very likely that the government is supported by the people, thus, the problem of people disobeying the government should not be so large a problem.

Going back to my previous point on economic stability, the political stability caused by the implementation of democracy is also one of the causes of the economic stability which exists in these democratic countries. When a country is more stable, it is natural that foreign investors would want to invest in the country as there is a good chance that they can make money. Also, since the country is stable, it is more likely that investors would stay on even when they meet some difficulties as they trust the economic in that country.

However, like any other political ideologies or systems, democracy also has its flaws. Democracy works extremely well in most situations, but under the extremely common assumption that the majority is always right. For instance, in situations where the majority of the population is uneducated, the worse, corrupt parties may end up winning elections by offering bribes to the people. Being uneducated and unaware of what is good for the country, it is very likely that the people would accept the bribes by the political party and vote it in. Being the minority, the educated people who know what is good for the country would not be able to choose a good government. Moreover, in the case of democracy, the voice of the minority would not be heard. Yes, they would be allowed to show their views and opinions on different issues, but regardless of what they say or think, it would not make much of a difference since they would be overwhelmed by the majority anyway.

In conclusion, Democracy works like a double-edged sword, yes; it can create stability in many areas, but can also cause unrest.