What is relationship between social security and democracy.Do you have information?

Answer 1

In 1936, the federal government published an informational pamphlet on Social Security. It stated:

"…and finally, beginning in 1949, 12 years from now, you and your employer will each pay 3 cents on each dollar you earn, up to $3,000 a year. That is the most you will ever pay."

http://www.ssa.gov/history/ssn/ssb36.html
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Social Security is an example of how people in a democracy can vote themselves other people's paychecks.
It is also an example of a Ponzi Scheme, which would get CEOs of corporations thrown in jail, but gets politicians praised.
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“When the people find that they can vote themselves money, that will herald the end of the republic.”

-Benjamin Franklin
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Answer 2

"Zak the Dog" has it exactly correct. Democracy gives rise to Social Security because democracy is the rule of the majority. When the majority decides that it deserves some portion of the money earned by the minority, in a democracy, then laws get passed and, voila! The majority steals from the minority.

Social Security was originally sold to the public as a kind of Government-run savings account in which people and their employers would contribute a certain amount, and then, after retirement, the people would be able to withdraw their savings. However, the age at which a person could withdraw money from Social Security was set so high that most people would die, before they became eligible. So the system seemed to be on a solid financial footing.

However, the inflationary policies of the Government caused people to insist that Social Security payments be indexed to inflation. And Congressmen began to campaign for office, promising to increase Social Security benefits and extend eligibility to non-retirees. And Congress began spending the money that was piling up in the Social Security Trust Fund, treating Social Security like any other tax.

So now we're in a situation where Social Security is scheduled to go bankrupt, during our lifetimes. It's all because people in a democracy voted for Congressmen, Senators, and Presidents who promised more benefits than the budget would allow. Without democracy, this situation would never have arisen.