"Majority rule" would mean more if the term "majority" had a consistent
historical meaning.  The definition " > 50% " appears to be fairly
recent.

As far as I know, there has never been any requirement or expectation
that democracy imply > 50%.


Check definitions #1, 3c, and 4:

  http://www.britannica.com/cgi-bin/dict?va=majority

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