Many of the alternatives to "a majority vote decides what's good or bad" are even worse. Lots of ink spilled on the downsides of kings or on anarchy vs some sort of democratic system.
What the poster is proposing about cracking down on large powerful companies isn't even particularly troublesome Constitutionally in the US; but even then, as with any other sort of regulations, Constitutional restrictions on what the legitimate government can and can't do can be taken too far, or can get outdated.
What the poster is proposing about cracking down on large powerful companies isn't even particularly troublesome Constitutionally in the US; but even then, as with any other sort of regulations, Constitutional restrictions on what the legitimate government can and can't do can be taken too far, or can get outdated.