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“Democratic” in its original meaning [refers to] unlimited majority rule . . . a social system in which one’s work, one’s property, one’s mind, and one’s life are at the mercy of any gang that may muster the vote of a majority at any moment for any purpose.

“How to Read (and Not to Write)”
The Ayn Rand Letter, I, 26, 4

If we discard morality and substitute for it the Collectivist doctrine of unlimited majority rule, if we accept the idea that a majority may do anything it pleases, and that anything done by a majority is right because it’s done by a majority (this being the only standard of right and wrong) — how are men to apply this in practice to their actual lives? Who is the majority? In relation to each particular man, all other men are potential members of that majority which may destroy him at its pleasure at any moment. Then each man and all men become enemies; each has to fear and suspect all; each must try to rob and murder first, before he is robbed and murdered.

“Textbook of Americanism”
The Ayn Rand Column, 89

The American system is not a democracy. It is a constitutional republic. A democracy, if you attach meaning to terms, is a system of unlimited majority rule; the classic example is ancient Athens. And the symbol of it is the fate of Socrates, who was put to death legally, because the majority didn’t like what he was saying, although he had initiated no force and had violated no one’s rights.

Democracy, in short, is a form of collectivism, which denies individual rights: the majority can do whatever it wants with no restrictions. In principle, the democratic government is all-powerful. Democracy is a totalitarian manifestation; it is not a form of freedom . . . .

The American system is a constitutionally limited republic, restricted to the protection of individual rights. In such a system, majority rule is applicable only to lesser details, such as the selection of certain personnel. But the majority has no say over the basic principles governing the government. It has no power to ask for or gain the infringement of individual rights.

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