Sure. All governance, no matter how it is shaped, ends up representing the money. Remember, money is a token of debt. If you give someone money, you promise to give them something of yourself in return at a future point in time. When you are indebted to someone they hold power over you. There is no system or framework that can avoid that shift in power when you indebt yourself to another. The only way to avoid it is to avoid debt.
But ultimately that's just people.