Can I add another option to your list ?
d). Shoot the current generation of politicians as crooks and idiots, and then make a government and society based on truely democratic principles. Give the British people a Bill of Rights and written Constitution (similar to the ones America has), and then actually ensure that the politicians and government work to improve and protect the lives of citizens. Rather than pander to industry/market forces/institutionalised greed, corruption and incompitence.