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To be fair, our modern concept of democracy really is quite shitty and the only reason we use it is because it is better than anything else we came up with so far.
But generally the notion that the common person cannot be entrusted with politics holds true even if we find it distasteful. The average person is a fucking idiot and objectively not qualified to decide on political matters.
Case in point, Brexit.
Compounding the problem, this environment rewards charlatans and sociopaths. There will always be some that will exploit a weak spot in the system, in bad faith, no matter what the system is.
No, it’s not. But it is ingrained.