How about we reduce the power of the State to the point where no one's life dramatically depends on whatever the majority decides at all?
Discussion
That would certainly be better.
Exactly. If jurisdictions are small enough and we have full property rights + mobility (bitcoin), then the type of governance is less of an issue since we can vote with our feet and have access to a variety of jurisdictions that would welcome skills and capital. This allows liberty arbitrage to have a counter-balance against central plannin.
*central planning