This analysis is highly muddled. "making things equal" != democracy. Capitalism can both create and break hierarchies. The concepts of democracy and capitalism have a far greater reach than the current US political climate where both are malfunctioning. The US is a superpower attempting to become a third world country and corruption and incompetence are a great way to reach that goal.
> Capitalism can both create and break hierarchies.
No, Capitalism can only reinforce hierarchies. Its core tenet is accumulation of capital, and thus power.
> corruption and incompetence are a great way to reach that goal.
Corruption is what happens when the capitalist class gets powerful enough to bend the rules. Incompetence is what happens when they figure out they can put a puppet in place and order him to bend the rules faster for them.
There's no other way to have a true democracy than to make things as equal as possible. As soon as you allow any level of inequality to exist, the power differentials caused by it will be used to increase the power differential and inequality even more, and over a long period of time you'll end up with a dictatorship. Once you have extreme concentration of power, it's only a matter of time until someone that should not have it comes to have it. This is what every system so far has succumbed to. We need a truly equal system where all concentration of power is avoided unless absolutely necessary for the functioning of society to avoid an eventual collapse of the system.