Abstract
The broadly contemporaneous mass movements known respectively as the “Arab Spring”, “India Against Corruption” and “Occupy Wall Street,” signal the worldwide demand for radical changes in the international system. The present form of democracy itself is being questioned because it can only be as good as the leaders it brings up and the society that uses it. It commonly turns into an instrument to further and protect the interests of privileged elites. Its main rival is now the model of authoritarian capitalism applied in some countries after the demise of communism. Reliance on market forces to promote non inclusive growth fatally undermines democratic institutions and opens the door to anarchy or oligarchic rule. Indian democracy has survived because of the strength of constitutional provisions and the decentralisation of electoral power which, has given the underprivileged a stake in the system. However new forms of governance, reflecting the fast paced technological, social and economic transformations, may come into being in the near future.
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