And that generally what separates 'democratizing' nations from 'democracies' is that one simply has democratic institutions such as voting, and the other has a culture of democratic decision making, civil discourse etc etc to go with it. Iraq may have elections and be able to kick out its leaders but it sure isn't a democracy in the same way Britain and the United States are.
Now its not a 'the people are stupid' argument that I'm making - there have been people throughout history who have contended that we take a too simplistic view of affairs. Fine, blah, I'm sure they do, and I'm happy to accept there are people who don't reason critically on both sides and there's no reason to think one side has a monopoly on those.
What I'm saying is that we can't fairly determine the information that is being seeded to all parties. It's the equivalent of someone turning up to lots of Tocqueville's town hall meetings and distributing pamphlets biased to one side to people who look like they're from a certain socioeconomic background as they walk in.
There is something that happened in Britain in the last five years that merits explanation. A population which according to Eurobarometer 2010 data, only five years ago was 45% Pro-EU and 33% anti voted 52% to 48% to Leave when the government of the day, international instutitions, and all major political parties were arguing that we should stay. This, in Britain, a country not generally known for upending its whole political system on a whim.
Now you can pin the explanation for that on whatever you want (and I happen to think your austerity theory has something in it), but it's reasonable to think in a democracy that we should be able to have a discussion (or at least know about) the factors that swayed people.