Probably true. However, I’m with Churchill.
Democracy is the worst of all possible system of governments, until you take a closer look at the others.
The ideal system is and always has been benevolent dictatorship by a truly wise man. Unfortunately, such men are rare, and even if you get one, he eventually dies. The chance of his being replaced by an equally wise and benevolent dictator verges on zero.
Democratic republics (or constitutional monarchies, which are really crowned republics) have had by far the longest run in history of general liberty for their citizens.
Would that we were still a landed democratic republic where only men of property could vote.
The Constitution left it to each state to determine those eligible to vote. North Carolina in 1856 was the last state to forego the property requirement.
Interesting mini-history here:
http://www.laits.utexas.edu/lawdem/unit01/reading1/history_to_vote.html