My thoughts, and I’m just an idiot peasant from the US, is that a global plutocracy seeks total control of all global resources and assets and the commodification of peasants. Since it’s a hyper-capitalist world order the accumulation of capital gives them unimaginable power. The global plutocracy has power over all the western (and many, many others) countries. They want a sort of neoliberal ideology. Everyone the same. Peasants to their exploitation.
So to respond to your point. If you want your true democracy you have to fight the plutocracy for it.