negativity
To relinquish control requires that power admit that they were wrong, that the entire idea of neoliberal capitalism was a mistake from the beginning. They would have to admit (at least implicitly) that everything that got them into this position in society, every personal quality and decision that they have been rewarded for over their entire life, was wrong, morally and empirically.
Their entire personal worldview would need to be overturned and scraped.
They won't do it.