You seem to be describing our current corrupt democracy that produces crony capitalism that gives favors to big businesses and enables the business owners to become one of the 6 people that own everything.
A major point of libertarianism is to tear down the government structure that enables that crony capitalism and restores real competition in the market.
A major point of libertarianism is to tear down the government structure that enables that crony capitalism and restores real competition in the market.