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The fact that we all casually talk about how big money is almost a requirement to get into, run, manage, and maintain politics ... goes to show you how democratic the system is.
The fact that corporations are the dominate social structure is undisputable. Everything, including notions of democracy, is secondary to this. Whenever there is a conflict between wealth and the general populace the government will always side with money due to corruption.
This is pretty universal across all nations. There is not a democracy that does not suffer from this problem. At this point it really does feel that democracy in most forms is just a window dressing for corportocracy.
The serfs will work harder if they are made to believe their voice counts and when the serfs work harder the Owner Class makes more money.