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fruit of the poisoned cloaca
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If the democratic control is centralized, you will have the same problem.
In an economy of worker coops, there is democratic control, but it is decentralized in nature @memes
You will not. You may run into new issues, but unlike Capitalism, this will be democratically accountable, rather than entirely unaccountable and enforced as such by the state.
You cannot have a "decentralized Capitalism," all Capitalism trends towards centralization.