Theoretically speaking, democracy is an egalitarian form of government in which all the citizens of a nation together determine public policy. I sure as hell see no evidence that that is actually what happens and yet the 99% believe it.
I sure wouldn't want to live in a society like that. In our democracy, we elect leaders who generally reflect our views (based on their promises and/or their past actions), but we delegate day-to-day decision making to them. If we had to rely on citizens to determine public policy, then every citizen would have to devote their working hours to understanding the issues so they could make an informed vote.
Most citizens have only the most superficial, and in most cases emotional (rather than evidence-based), understanding of key public policy issues. Furthermore, most citizens are susceptible to believing their trusted messengers, even when all the evidence shows that their trusted messengers are wrong. Granted, many politicians are guilty of this as well, but given that they are bombarded daily by conflicting views and arguments (and given that they will be held accountable for their decisions) one would hope that they have developed at least some degree of skepticism.
I don't want to live in a society where the political leaders base their policy decisions on public opinion, simply carrying out the largely uninformed wishes of citizens. I want leaders who share the majority's values and apply those values to their informed judgments when making policy decisions.