As proposed by Tim Hollo:
"We do not face a choice between the invisible hand of the market and the dead hand of centralised control. We do not face a choice between privatisation and public ownership. This is not a binary.
Ecological democracy presents another model that is about participatory, deliberative democratic paths, embedded in nature, based on the principle of subsidiarity, or putting control into the most local hands possible, and limiting the opportunities for domination and free-riding.
Viewed another way: under capitalism, nothing is connected, everything is atomised, all is abstraction. Under socialism, people are connected, but often excluding the natural world, and not always sufficiently democratic and participatory, due to its systemic tendency towards centralisation. Under ecological democracy, everything is connected." (https://www.thefifthestate.com.au/columns/spinifex/tim-hollo-on-an-ecological-democracy-where-everything-is-connected-and-embedded-in-nature/97885)