Some governments do do direct democracy, switzerland has referendums written into their system, as do many US states, over 30 of them, most of which can be citizen initiatives, getting a percent of signatures of registered voters to get an issue on the ballot for a vote, most of which makes constitutional amendments that can't be easily changed by lawmakers, (although they still do ratfuck them before and after the votes.)

It is how we legalized weed.

I don't know the entire list, but there is some direct democracy out there.

Democratic-ness is not a binary variable (is vs is not). A society can be more democratic or less democratic. And it can become more democratic or less democratic.

"Letting your money work for you" is the marketing term for this.

The finance sector ain't the problem, of course they're going to do what's best for themselves, that's rational.

Democracy was supposed to be the counter to unfettered capitalism, activity like this. Guess we're collectively too fucking stupid to stop voting against ourselves.