If the whales would stop voting then this would be a fair system, but 2 dozen people have 95% of the voting power and with the current algorithms this could never change. My votes have been decreased to nothing because of their insane amount of Steem Power. Each of the Top 19 witnesses get paid 1400 Steem Power per day making the whales insanely richer every day. Then @dan goes and posts crying babies and an article titled "It's Not Fair." Real professional. Investors are gonna come flocking in after that stunt.
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If you don't like the current witnesses, you can always vote for one of the other ones in the top 50 using the web interface. If you don't like those choices, you can learn to use the cli wallet and vote for anyone you want.
The Reputational Algorithm requires RECALIBRATION ASAP!