Henry Kissinger said democracy is in "great danger" due to growing income inequalities.
AdvertisementHenry Kissinger said democracies in the West, including in the US, are in "great danger" because the middle class is disappearing due to widening income inequalities.
However, now values of "compromise" and "understanding" are in "great danger in the West," he said.
AdvertisementAccording to prominent economists , widening income inequalities are exacerbating the democratic deficit, with the influence of big money denting existing political systems.
Because of these growing issues, democracy needs to "rebuild itself," Kissinger said, with this becoming a "key issue" in the US and the rest of the world.
Persons:
Henry Kissinger, —, Mathias Döpfner, Axel Springer, Kissinger, Döpfner
Organizations:
West . Democracy, Service, Business, Global State, Democracy, International Institute for Democracy, Electoral
Locations:
West