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No, not really.
What we can say is that Democracy, now more than ever, is working exactly as designed. Democracy works at it's better when participation is higher. The flaw isn't in the method of determination but in the method of determination. It is the anachronistic method of engaging with that demos, the people, that no longer works.
Unfortunately for us, it is the left wing, those who try and claim the label of progressiveness, that haven't managed to let go of the old politics while the right has allowed a new culture to bleed into their world sufficiently to afford them victory at the time that it counts most.
If you don't like the results of democracy, don't try to claim that it isn't working, get involved and find ways to make it work for you and what you believe in. The right certainly have and now that have all the toys.
Is it fair to say democracy no longer works?
The majority no longer have the foresight for a sustainable future.