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(Grabbed this from the comment section..)
"A system of Elite rule, which is a little more soft-core than the type of Elite rule we would see under a military dictatorship for instance, but what we are under - a Polyarchy is that the basic socioeconomic system does not change, it does not become democratised, wealth is not redistributed downward. You don't see a more equitable distribution of wealth and resources.
So that is the key: Socioeconomic Dictatorship and Free Elections."
Every right thinking individual knows this statement to be true.
The real hope is that we will in the short term start to act on that.
Look at how the Ruling Class which pretends to support Democracy has turned its back on the ordinary people of Libya.