I do agree with having checks and balances. One of the pillars, missing here, is having a legislature which is not too busy getting rich to exercise its role in society.
This is incorrect. Unless you think taxes are communism.
> Even if a company is owned by it's employees - it is the case with Meta, btw,
False, see Zuck’s special shares.
If you want to keep a democracy, you simply cannot let your fellow voters expose themselves so completely to manipulation.