If true democracy in its purest form was represented by a brightly colored ball of yarn, you could start at what's left of the ball and travel from here to Tobago without coming to the end of it. Yep, its come completely unraveled.
Consider the absolute insanity of having an election between two or three party-chosen candidates every four years and have that one individual, through manipulation, basically make all the decisions for a population of millions. Of course it doesn't really work like that; the reality is much worse.
And why is this so ? Over the decades large business interests have learned that they can prosper when regulations force small operators out of business. This is a well known problem with no simple solution as there are always new ways to be discovered for getting around conflict of interest regulations. I"m reminded of a method a race car driver once used to get around the fuel tank maximum capacity rule. He simply routed the fuel through the cars roll bar and thence to the carburetor, thereby increasing the number of laps he could run before refueling, also thereby conveniently giving himself an unfair advantage. Humans can be creative! The final result is that the country is not being run by the person the people elect, but by shadowy, wealthy individuals you will most likely never even see on the evening news.
One possible solution, and one that makes a world of sense, would be to simply follow the Swiss example and bring every major decision to the voting public. At times, it's true, the voting public will opt for unhealthy results, but at least, we'd be operating without some of the frustration we are currently going through constantly waiting for the next election so we can "throw the bums out".
But then, a solution this simple couldn't possibly work here. Although the Swiss seem to like it, it would take a dickens of an effort to force our politicians to give up that much control.