Essentially what we mean by democracy is not so much that rulers are elected by the population, but more crucially, that they are accountable to the population. The democratic election of leaders who subsequently ignore the people and only serve the narrow interests of a particular social class or party, is not democratic government. So what we really mean by democratic rule is the accountability of power. We mean a mechanism by which those who manage the society are made responsive to the needs and interests of the general population.
This concept is still valid, though the political forms that have traditionally been established to actualize it have become obsolete.
Elected rulers today are subordinate to unelected rulers. National governments, senators, parliament members, prime ministers and presidents, are junior partners in power, under the supervision and management of private power; CEOs, corporate boards of directors, majority shareholders, and so on. We need a new mechanism for imposing accountability, a process to democratize private power.
This is not the same thing as being anti-capitalist, or anti-globalization. In fact, corporate control of government is an extreme deviation of capitalism; it is a form of fascism.
Neo-Democratic theory simply means that we have to identify the institutions of real control and power in our society, and impose accountability upon them to make them responsive to the interests of the population. It means that we recognize the disproportionate control that private economic power has over policy, and we therefore address our policy demands directly to those institutions, democratizing them through disruption.
The idea is Neo-Democratic theory
The objective is the democratization of private power
The method is system disruption