Yes. Democracy is absolutely neccessary, if true peace and prosperity is to sustain in the world.

It is disappointing that some of the posters on here even considers the thought that democracy is an option. It only shows how much the governments and politicians have subverted the inherent freewill of the people.

There is no select lot of 'superior' and 'inferior' people. In my experience, it is the poorer masses that need democracy the most - it is precisely the lack of democratic opportunity that keeps them there. As for education, again, it is democracy that brings about education, prosperity/wealth and peace.

Every individual is sovereign, is equal before law, and should have the right to live with freedom from oppression from any source, and participate on policy that effects them.

Having said that, representative democracy that is currently practised across much of the world, does not, and never will be able to reflect true democracy. Right now it is only just a sham - the candidates who can fool most of the people get elected, then pretend to uphold the interests of their constituency while doing the exact opposite. Until participation of the entire citizenry is possible, democratic process is just a faux.

On the other hand, block chain technology has the potential to create the closest representation of true democracy.