You're right that it's technically democracy. You're wrong that there's simply no other way. I don't know what that other way is, but the society needs to keep evolving.

The current state of democracy in countries like UK and US brings to mind that famous Churchill quote:

"No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time."

The common conclusion seems to be "oh, okay, guess that's it, then" rather than "maybe it's time to try something we haven't yet".