I have to insert these quotes from the article because there's quite a bit that I not only agree with, but is backed by the historical record. (Highlighted portions are ones I agree with )
Quote from Peter Orszag
In an 1814 letter to John Taylor, John Adams wrote that “there never was a democracy yet that did not commit suicide.” That may read today like an overstatement, but it is certainly true that our democracy finds itself facing a deep challenge: During my recent stint in the Obama administration as director of the Office of Management and Budget, it was clear to me that the country’s political polarization was growing worse—harming Washington’s ability to do the basic, necessary work of governing. If you need confirmation of this, look no further than the recent debt-limit debacle, which clearly showed that we are becoming two nations governed by a single Congress—and that paralyzing gridlock is the result.
So what to do? To solve the serious problems facing our country, we need to minimize the harm from legislative inertia by relying more on automatic policies and depoliticized commissions for certain policy decisions. In other words, radical as it sounds, we need to counter the gridlock of our political institutions by making them a bit less democratic.
America was never intended to be a "democracy". Democracy is nothing more than mob rule where who ever screams the loudest can override the best most well reasoned of minorities.
That was the reason for the property requirement for voting, those who had a vote had a vested interest in seeing govt run in the most efficient, and prosperity enhancing manner possible. Meanwhile those who had nothing but a hand out where denied the opportunity to loot the public treasury for "bread and circuses".