as with the case of direct democracy economic democracy today is only feasible at the level of the confederated demoi it involves the ownership and control of the means of production by the demos this is radically different from the two main forms of concentration of economic power  capitalist and socialist growth economy it is also different from the various types of collectivist capitalism such as workers control and milder versions suggested by post-keynesian social democrats the demos therefore becomes the authentic unit of economic life