No. Pragmatism is simply the best we can do. I'm not enamored of pragmatism or democracy, I just think they have the best track record, and have the most universally supportable philosophies: catholics have never been keen on Protestant governments, and vice versa, and neither are particularly keen on Islamic governments. And, by the way, whether we are a constitutional federation or not, we clearly are a representational democracy. The Constitution devotes most of it's energy the technical details of our democracy.
Democracy has a pitiful track record - it was an utter failure in ancient Greece; that is precisely why the U.S. is not a democracy. A constitutional republic has the best track record - that would be America.
Pragmatism fails also in that it is useless to predict the long run. No matter what moral system you put forth, I can and will rip it to shreds with logic (it's not that I am so brilliant - I'm not - It's that your moral systems are so easy to take apart). Since you can not find any logical or practical fault with moral absolutism, you are only left with attempting to defend your moral systems against logical attack.