The problem itself is not technological but political. The system that has evolved is pretty bad and the only reason it has evolved is because of the government. Unless there is some third party (free press, independent justice system) that oversees the government, there is no easy solution.
I wonder - has there ever been a case of an organization that big voluntarily giving up power? I can't think of any, & in fact the opposite situation (eg regulatory capture) is quite common.