Winston Churchill quipped that democracy is the worst form of government except all those other forms.
Democracy worked when the franchise was restricted to property owning adult male heads of households, and when the population had high moral standards. Visitors to America frequently remarked that while democracy worked for Americans, Americans being virtuous and self reliant, it would not work for the corrupt and degenerate mob they had back in their home countries.
Today the white population is substantially fatherless, the other populations generally worse, those on some form of government benefit substantially outnumber those paying taxes, and the government is buying up huge numbers of low IQ voters from the third world and importing them.
We used to at least get Mexicans who wanted to work, but increasingly, these days we get the Mexican underclass, the ones that normal Mexicans do not want, people who lived on their votes in Mexico, and proceed to do the same in the USA. We used to get Mexicans imported by farmers to pick strawberries, but we now get Mexicans imported by politicians to vote left.
Now the voters are a corrupt and degenerate mob that votes for the highest bidder, resulting in insolvency and socialism.
The modern electorate is substantially composed of bastards (people who were not raised by their biological fathers) and is in substantial part composed of an underclass purchased by politicians and imported from foreign lands.
And so democracy votes for insolvency and socialism.
Government is not the solution to public good problems, but the rather the greatest public good problem of them all. A public that cannot themselves produce public goods, cannot produce good government.
With a corrupt and decadent public, elections become advance auctions of stolen goods. Everything is up for grabs, thus private property is insecure, hence is not used productively. Everything is dissipated, spent on buying votes, thus public and private insolvency. Toyota gets sued for practicing capitalism without being a crony.