Reality of Democracy in Totality and its Connection with Social Entrepreneurship in Solving Problem of Poverty

Abstract

Abstract. The fundamental of democracy is the elected government and the rule of majority. Even in the nation of the developed world the population is heavily trapped with absolute poverty. Reality of democracy in totality is to be seen not only from the view point of majority rule and economic growth but from the opportunity available to all. Reality of democracy shall be reflected in social justice and equality. Every segment of the society plays important role in this direction and Social entrepreneurs can be change makers to target the unjust and unsustainable systems Understanding the role of social entrepreneurship is significant in studying reality of democracy in totality. This paper aims to get insight into the understanding of political philosophy, political economy, and theories of entrepreneurship and delves into the achievement of democratic system in preference of citizen. It is focused on critical understanding of the reality of government in totality from the view point of ordinary people seeking salvation from the life complexities like extreme poverty and role of entrepreneurship in this process. Related theories on politics and government and democracy as well as entrepreneurship from text books, journals, conference papers, newspapers, reports and online videos have been reviewed and the discussions are based on the findings of the review. More importantly it has been found that democracy as we provoke today is significantly not proving a means to reach the expected ends from the view point of ordinary people but the fruits have being snatched away by the groups of few elites and groups in their favour. Despite of the challenges posed to democracy, the alternative of democracy is democracy itself where entrepreneurship contributes in collaboration independent for the state mechanism.