Government to tightly regulate and oversee itself, I perceive.

> Democratic nations have power over their government but not over corporations.

Democratic governments and corporations have been around about as many centuries, and both have long ago perfected techniques to make sure the people have no direct power over either of them, often in tandem. That said, it seems remarkable that you're less anxious about the partner in this age-old dance that has the warplanes and myriads of armed enforcers.