There should be an "econonomic" as a separate government estate of power. It could be much more direct democracy with people voting every month on economic proposals. Like the federal bank printing the money, which the people then can vote for to fund this or that project. Buy this or that factory, or shut it down. Parts of the economy planned, but democratic in many ways.
It's so ludicrous that we're stuck on 19th century democracy when we have better voting systems and internet access and cheap usb authentication dongles.