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The very design if flawed from the starting line on, and rewards the worst politics and politicians, while making it almost impossible for those of higher human(e) qualities to come to power and infleunce
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I agree with with that mostly, though I'd complete it with an idea that the greeks already suggested: A democracy is only as good or as bad as the society that enforces it. If you have the average society with a majority of idiots, uneducated, irrespectful, etc, then the resulting democracy is at that level. Of course a democracy composed of a handful of intellectual and reasonable people would work marvels, but that will not happen. It won't because sadly societies are not like that because of a basic antropologic reason, namely in social groups of animals there is hierarchy and a majority must be idiot to be manipulated and sacrificed in benefit of the continuity of the species (Think of any animal species organized in communities and you will see hierarchy and some dying for the others). Nature ensures thus that there is ample supply of idiots, and the clever/powerful elite do the rest by using it for their own convenience. Giving theoretical equal power of decission to the idiots is of course a flawed way of handling things, but it seems to be the only one that will keep them happy and cheated to continue being sacrificed and working instead of mounting guillotines in he champs Elisečs.
Further (short) reading on what the greeks diagnosed already centuries ago:
http://en.wikipedia.org/wiki/Kyklos