All democracies run on the honor system. Which is fine, as long as you’re aware of it and don’t let people who don’t respect that honor system get into positions of power
Turns out banks run on trust and honor too. I personally know people who got loans because of knowing the right person not their credit score.
But even if banks did run on transparency and accountability, which they don’t, governments aren’t banks. You can’t double-entry your way to equal application of the law. Transparency and accountability are good things, but they are bolsters for the honor system.
That's total bullshit.
Democracy runs on the equal application of the rule of law.
Of course, no democracy is perfect. The degree of imperfection can be measured in how much they run on the honor system...