Democracy of Citizens, Democracy of Stakeholders
Some people think that democratic decisions should be made by everyone in the community or country – or their representatives. Others think that democratic decisions should be made by the people who will be affected by the decisions (stakeholders) – or their representatives. Both versions of democracy have important gifts to offer, but current institutions and practices constrain and distort those gifts. Fortunately, recent innovations in both approaches suggest they can be woven together into an evolutionary leap for democracy.