Ok it's c*******m, albeit not as originally conceived. Ideally the people are supposed to have a say in the policies that govern their lives, and hold a collective stake in the ownership of things, making the profit-motive obsolete. Of course this will never happen in our lifetime. What we have instead is closer to f*****m, where the state and Big $ collude to dominate everything, exploit and profit off of it all, even as they blame marginalized groups with no political power for any problem.