I like Daniel's response and think it captures the sense of the original just fine. For the sake of searching for a catchier, title-worthy phrase that captures the ambivalence of the author (as does Daniel's suggestion), I'll just throw this out. The context you provided was good, but since we still haven't read the entire article, you'll know best which of the phrases captures the sense of the original.

Sinsentidos de la democracia--Democracy Nonsense
"This is why they would like to get away from all this democracy nonsense and get on with the job of governing...."
blogs.telegraph.co.uk/daniel_hannan/blog/2008/05/21/house_of_lords_ hastens_its_own_demise -

Democracia sin sentido--Nonsense Democracy
“…Sri Lankan democracy was made nonsensical by the 1977 Government.... Under that Government we were deluged by an unrelenting torrent of rot about Sri Lanka’s far-famed five-star democracy, a performance that was vastly impressive for its sheer zaniness. The more appropriate term might therefore be ‘nonsense democracy’
www.sangam.org/PIRABAKARAN/Part44.htm