Two Explanations for "Why Democracy Declined in Venezuela?"

Decline of Democracy
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Decline of Democracy
Democracy is an element that most countries embrace. According to its principle, the government is ‘of the people, for the people and by the people’ (Lust & Waldner, 2015). However, there has been a gross breach in the core values that hold democracy in place. Venezuela is one of the countries in which democracy has slowly declined. In their bid to explain the decline of democracy, Levitsky and Ziblatt (2018) explain that lack of political tolerance among the political parties and lack of respect for the legitimacy are the main reasons why democracy is collapsing. On the other hand, Naím and Toro (2018) argue that the greed and kleptocracy that the political leaders have taken is the main reason why Venezuelan democracy is dying. These are greedy and selfish people in the political desk who want all resources for themselves and would hear nothing on negotiation.
Out of these two explanations, the one that Levitsky and Ziblatt (2018) holds more weight than the latter. Democracy has largely been breached during election periods when one party, especially the ruling one, refused to acknowledg...