All (relatively) true, I think. Yet there is an equitable solution. That is a multi level bottom up system of governance dubbed real time Democrity by it's designer John Huckel. The Matrix-8 Platform is a model for just this.
I urge you to investigate deeply https://peakd.com/c/hive-153630/created and to ask questions to help understand the phenomenal possibilities of Matrix-8 when used by the masses.
Namaste
Atma