How much longer does its head have to be held under before it's dead?
Do you actually believe that all people have an equal stake in the future of the country? To me it is blatantly obvious that a party animal of an adolescent, say, does not have the same stake in the future a country than a land-owning parent of three children. I would much, much prefer a system wherein those that have sacrificed real, tangible resources in order to secure voting rights have a voice in the governance of the institutions of state, and those that have not do not.
Thankfully, examples of institutions that function this way abound: It's simply how all modern corporations are structured.