I agree. But practically, a government must have a way to mollify powerful interest groups or you end up with revolution and chaos. I think American democracy does a fantastic job of producing a stable and fair environment. But I'm not convinced it does the best possible job. As you say, it leads to complex system of laws that are not fair.
As a westerner newly living in Asia, I can see Singapore delivers good, efficient government and they respond to citizens complaints like a good company responds to its clients. Taxes are low, simple, and are done on a post card. I think thats the advantage of not being a democracy.
However, its not clear to me how they manage their powerful interest groups. I suppose brute force plays a role. But honestly, I doubt there is any more brute force used in Singapore than in the US. And I would trust Singapore to be more fair and even handed.
My guess is that China models itself after Singapore. I think thats where China is trying go. If they can get there -- and its not clear to me that they can -- in my opinion, it will be a more successful form of government than the democracies of the West. But they have a long way to. Singapore is a small island in a unique political and economic situation and I think that makes a huge difference.
>If the laws are ultimately chosen by the companies and the wealthiest...
At least with respect to the US, politicians are still needed to pass bills into law. The solution to your concern falls out of the simple realization that politicians can only sell the powers they have been delegated by the people. Grant them the power to make and break whole industries, and don't be shocked when those potentially affected come calling.
As a lawyer, what's your perspective on lobbying?
If the laws are ultimately chosen by the companies and the wealthiest, then I don't agree that "anything legal is fair".