Not only is neoliberalism incompatible with democracy, it in fact represents a worldwide assault against democratic systems and movements. Neoliberalism transfer power from the public sector to the private sector, consolidating the authority of fundamentally totalitarian power entities (corporations), while it also annihilates from the society all institutional options for popular representation. This requires a new assessment of how to redress dissent and assert the will of the population, given the reality that power and control lay beyond the parameters of traditional government structures.
Because of the globalization of capital, it is going to be tremendously difficult to subordinate corporations to states, and frankly, I do not believe it is possible, nor even wise to do so.
The truth is, this new dynamic makes power more vulnerable than it has ever been, and we now have a way to amplify our voices of opposition, and to mobilize business to influence the state to serve our interests, even though they are averse to that. We can democratize corporate influence, through disruption of the two sacred pillars of the corporate creed, which will always, without fail, make them respond accommodatingly: operational efficiency and financial profitability. .