Yes, by democracy I mean exactly universal suffrage. A relatively small percentage of people in the British state had civil rights (think of all those in British India and British Africa), and an even smaller percentage could vote. In the French state the situation was similar. In the German and Austrian states, a larger percentage had civil rights and voted, but their votes had much less practical consequence, as the parliaments had little power. Russia was rather autocratic.
The main difference between Anglo-French and German thought of the period is not one of democracy vs. imperialism, but rather that the Anglo-French imagined a different set of rules for imperial expansion overseas and for the European territories, while for Germany (and Russia) the same set of rules applied to imperial expansion in both areas.
Just a quick point, but in the UK it was still a significant percentage of the UK population (i.e. not overseas territories) who were able to vote. I am going by memory, but I believe that the size of the UK electorate in 1910 was 7.7Million people, this is out of a population of 39M - this was about 20% of the population (today, about 72% of the population were eligible to vote). When you consider that the legal voting age was 21+ and life expectancy was about 52 years, this equates to about 3 in 4 men were eligible to vote (and not a few land owning toffs). Sure, there was improvement to be made (which was in the process of happening ... afterall, it was one of the main principles of the Liberal's 1910 manifesto).
As for the treatment of colonies, I do not buy that Germans treated Europeans as Europeans treated the rest of the world. Both the German ruling class and populace of this period seemed to have a superiority complex and took every question on their foreign policy as a personal insult to the Kaiser and Fatherland. The UK and France certainly exploited their colonies and the occasional incompetence led to tragedy. However, Germany was a 'juggernaut of military extremism', with the armed forces ruling supreme without oversight or control of any civilian authority. This led to the execution and even celebration of barbaric events such as the Herero and Namaqua genocides. (e.g. http://en.wikipedia.org/wiki/Herero_and_Namaqua_Genocide) - a chilling precursor to German imperial expansion in Europe a few decades later and something which dwarfs most British imperial expansions.