That has its problems, too.
Sure, you can control big corporate lobbyists buying legislators and setting national policy, but you replace it with hometown bigshots running their own little company towns like feudal fiefdoms. Its sort of how the Wild-West, and the Deep South, used to be organized.
I'm all in favor of small, local goivernment, but every now and then the King has to send the Inspector General to town and kick a little local ass.
Hmm. Maybe that's what's behind the Tea Party phenomenon. Every Carpet Barn or Fish Fry Franchise owner fantasizes himself a big frog in a small pond: a Community Leader.