The answer is below
Explanation:
What is democracy? It is simply a means of selecting a leader based on majority votes, or through some selected representatives in the republic or indirect democracy. However, this does not outright translate to profitability to everyone or citizens of a country.
Through democracy, the country may still vote for incompetent leaders. There is also the issue of voting out a competent leader, issue of stability of continuation of policies that may benefit citizens, which may be discontinued by subsequent leaders.
Hence, Democracy is not profitable for everyone, and here are the reasons:
1. Inequality: there are still social and income inequalities even in societies where democracy is practiced. This inequality favors the rich among the citizens, and with their wealth, they influence the choice of people that will be in power and the eventual policies they make which empower the rich more.
2. Poverty: while democracy is supposed to reduce poverty through social equality, the inherent corrupt practices and favoritism or nepotism among the public office holders is now contributing to the level of poverty among the lower class of the citizens, thereby increasing the division in the general level of inequalities among people.
3. Quality education: for most countries, especially countries in Africa that are practicing democracy, the quality of education is only getting worse. Even in America, good public schools are not getting better, with research showing that students who attend a private school have a probability of having better university access and career opportunities after graduation.
4. Social justice: democracy is supposed to give every citizen equal access to justice, wealth, health, and opportunities regardless of their social and political class. But this is not reality. The rich have access to better health facilities, can acquire the finest of legal practitioners available, and access to business opportunities, even despite democracy being practiced.