Icecreamcart
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A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine... (quote by Thomas Jefferson).
Your definition is somewhat lacking. It's the 51% that overrules the other 49%. The 26% that controls the winning 51%. The 14% that controls the 26%. And so and on until you get to the point where the entire process is subtlety influenced by a few selected elites.
In any case, for both democracies and dictatorships, we're at the whims of the minority. The only saving grace for some democracies is the countries' rule of law which keeps most abuses of power in check.
There are many ways for a democracy to have traits of dictatorships. For example, loopholes in the legal system would allow lawmakers and those in influential positions to game the system for personal benefits.
Voting laws can be subtly altered to provide advantages to certain groups, an example, historical gerrymandering or laws that make certain groups harder to vote.
And don't get started on lobbying. That's an evil beast that controls every aspect of democracies, in a way that's even greater than in dictatorships.
And in the end, people living in 'democracies' comfort themselves, believing them to be superior to people living in dictatorships, regardless of the efficiency of their government. They feel justified as seeing themselves as free people and look down on others. Case in point, American exceptionalism, with its chauvinistic framing of American culture as superior to all others. In Australia, you occasionally see extreme right-wing politicians beating the message that asylum seekers are inferior people.