I think you have just described the EU, provided the toothless European Parliament can be considered as 50% of the say.
I always wonder how brexiters think the EU works. In a nutshell, the Commission is appointed every five years by the member states and the parliament. It proposes legislation, which can be amended and must be passed by the European Parliament (elected directly by citizens of the member states) and the European Council (made up of the leaders of the member states, elected by the rules of those states).
Seems pretty democratic, right?
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