Is democracy working?

The term democracy is generally used as a synonym for liberal democracy, which is far from being the only possible form of democracy; indeed, it is even questionable whether liberal democracy was ever intended to be truly democratic. For centuries, liberals and democrats have been fierce opponents. Liberals only accepted democracy when it was limited to the political sphere, excluding it from the economic and social sphere. Liberal democracy became the new form of governance of the emerging production model (industrial capitalism).