A lesson our movement should have learned from the experiences of the twentieth century
The gargantuan, monstrously dominant economic enterprises at “the commanding heights” of the economy are oppressive (and can’t be democratic) whether they are owned privately or owned publicly.
Marxists had the idea that socializing them is the key to achieving working class power and advancing to a classless society. The fact that that idea proved erroneous was fatal for the socialist paradigm, and now reduces the left to a tepid program of reforms (regulate, tax, redistribute).
[In a bioregional society there would be no such entities.]