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Democracy is not a viable form of government.
People elect a leader who is best amongst the available choices rather than elect the best of all individuals.
are a possibility in some democracies, so this is not strictly true.
There is no system that selects the best of all individuals to rule, so this is a poor criterion for determining a "failed" system.
Electing from all individuals would require even those who do not want to govern to take part in government. This can hardly be in the interest of society.