We need a more democratic process, better communication and more transparency of the witnesses and I think a good way to reach this is by simply reducing the number of witnesses each person can vote on.

But how can you achieve it, at all, when all you've accomplished by limiting the votes is to encourage people to split their stake up and maintain the same number of votes? Even if you could, why would it need to be more democratic, it was never about 1 person one vote, votes were never meant to be equal, and if you don't trust the largest stakeholders with their own money, if you think that the ones with pennies to lose {compared to the hundreds of thousands) should have more say for no other reason than those opinions you hold of the largest stakeholders then I wish you good luck getting those that have the stake to bend over.