In the end, politicians, in a democracy, do not make the law, people do, else you're at best in a representative democracy, at worst in an oligarchy. The fact that capital is so, so tied to power (over who work or don't, who get paid, who produce what and where) have nothing to do with democracy. Allow workers to vote on board decisions (give them like 30% of votes), over CEO pay and strategic decisions (like off-shoring some production or not, new product, selling part of a company... or stopping wage growth for a year or two if the time are tough), i guarantee you we would not have been so deep in authoritarianism.
