The populist parties (which do not only come from the right) grow as a response to a dissatisfied electorate. The current presidential nomination process in the US shows that a two-party systems is no more safe from such dissatisfaction and the subsequent rise of populists than a multiple-party system is.
It should be obvious that there's more to a 'broader view' than anti-democratic political parties.
For starters, there are the two axes of the political compass: social (permissive <--> prohibitive) and economic (little state interference <--> much state interference). In order to fill out this compass, we would need 4-5 different political parties (4 wing-combinations + 1 centre).
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