This can surely not be a democratic process.
Although people may start their own political party you have to be over 21 and have a starting sum of £500, this discriminates against young people and those of a low income, thus appearing to support the Marxist view.
In general terms compared to other countries where for example, women have few rights and citizens are not allowed the freedom of speech ie. Dictatorships or totalitarian states. Britain can be called a democracy and is viewed as such by other democratic countries.
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