They are also often deliberately kept in the dark about the decisions being made. Even if they had the necessary information available, it would be almost impossible to keep up with everything since people have other more important things to do to e.g. work.
> Over time, I've found that the elected government really does represent the general population.
I don't know where this happens, but if/when it does it's more of a fortunate accident than the default outcome.
This is a sovereign nation though, it should be expected to operate with sound fiscal policies and banks shouldn't base lending on political programs. Lest we let banks regulate policy through their willingness to lend money. That's the situation we did get in the end though, with austerity through blackmail. Greeks are now furious at the German government for protecting their financial institutions from collapse. While it might be more apt to be furious at those whom voted for policies not fiscally sound.
So what is the way forward? Certainly not what the IMF suggested at the time, as they as much have admitted to. But is Varoufakis pointlessly relegislating that decision or is he trying to sell a book?
That's how democracy works. If you are not happy with your current government, elect the one you are happy with.
Over time, I've found that the elected government really does represent the general population.