Many Ghanaians believe that introducing multi-party elections at the metropolitan, municipal and district levels would ensure the election of competent people to manage the urban or local economy. This belief is premised on the assumption that electorates are informed and would vote for competent politicians. Using the 2008 elections in Ghana, it is argued that only a minority of electorates vote on issues; the majority vote along tribal and party lines; and based on how “humble” a politician is or simply based on monetocracy. This means that introducing elections into the local government system would not necessarily lead to a transformation of the local or urban economy; greater local democracy is not the answer to the housing problem, sanitation crisis, unemployment burden and the poverty challenge. There may be the need for a new form of local democracy.