What is the meaning of populous democracy?

A "populous democracy" is a system of government in which all political actions are voted upon by the citizens. Nothing in the country happens UNLESS at least 50.1% of its citizens approve through voting. The purpose is to establish a "majority rules" system so that the maximum number of citizens are satisfied. The government caters exclusively to the public (that means private businesses, corporations, etc. are banned from political involvement by any means). There is a President, VP, etc. but they are strictly limited to enforcing what the people have established, or propose and approve through a majority vote.