You misidentify the problem. You grew up in an authoritarian country. Authoritarian capitalist countries do exist and are also rife with corruption and cronyism

You misidentify the problem. You grew up in an authoritarian country. Authoritarian capitalist countries do exist and are also rife with corruption and cronyism and inefficiencies. A democracy provides those "checks and balances", in a better way than opaque and undemocratic "investors".