Is Democracy a good thing?

To mark my return to the Glass Bead Game I thought I’d start with a gentle and uncontroversial proposition- I wish to attack on the notion that democracy is inherently a good thing. I will over the course of the next few posts state my case as follows:

Democracy is progressively flawed because:

1) People are becoming more ignorant/apathetic
2) Seemingly undemocratic power systems often produce the most democratic results
3) Acting in the name of democracy gives institutions and governments a heightened sense of their own morality- often resulting in dire consequences

I will finish by suggesting my own, no less controversial alternatives.