Look at it like this: it's not democracy you have a problem with exactly, so much as it is the conditions in society where it can fail. Our democracy has always been a fragile thing, and its flaws and downsides have been studied and pondered upon by people smarter than us for who knows how long now. In the end, all it takes is one charming demagogue to show up during scary times to turn it all upside down.
But at the same time, there really is no better choice in government for a free society. For good or ill, you have to allow people to be in charge of their own destinies, and accept the fact it won't always work out for the best. Really, when you get right down to it, all western governments tend to be about mitigation than perfection. They try to maximize freedoms, and hope everyone else comes out in the wash once everything else is said and done.
It's worked spectacularly for us so far, bumpy roads and BS aside. But right now, we're living in scary, unsure times, and that's when the system is strained its most. When people are most willing to sell out their freedoms to the first loudmouth who comes their way and offers something that looks like safety and comfort. It's times like this when you need to be fighting for it the most, because we've seen the alternatives, and they're a helluva lot less pretty.