Abstract
The subject of this paper is modern representative democracy. Instead of discussing the many theories which strive to define and describe the essence of democracy, such as the classic, the competitive, the structural, the participatory, the concessionary, etc., it is our aim to present the various practical approaches to "democracy in action" in the post-Communist period, i.e., to characterize the various notions of the axiological and philosophical assumptions that provide the cornerstone of democracy.