Thursday, November 8, 2018

139. A Financial Spectacle


From the introduction of The Largest Democracy by Suneel Goel (Suggested Reading, Party Politics, Paper II – Elections)

Among all the tested and untested political systems, democracy is the most profitable one for India. Democracy calls a large number of parties into existence and automatically sets a common and simple goal for each– to win elections.

These political parties employ a great number of functionaries in order to achieve the electoral goal and as a collateral also provide livelihood and meaning of life to many.

These functionaries are paid by party funds which are generated by donations, corruptions and extortions, among others. However, none of these can be effective while the said party is not in power. 
And since there are multiple parties, it is of existential importance that every party gets to spend some time in the government. Or else, millions of party functionaries and their various dependents will starve.

The mechanism that guarantees that each party goes through such rotational earning phases is called an election. Elections see to it that every party can feed its cadres, even if intermittently.

This particular function of the electoral system indicates that election is the largest financial process in modern India and the Election Commission the most important financial establishment.

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