You're right, apologies, I fucked up there. Changed it to democratic socialism (still not an expert!).
At the most basic level, employees at a workplace would elect their management, rather than management being chosen by the business owner/s.
I posted this link to another comment, it's from a guy who runs a really good youtube channel that's definitely worth checking out. I know being asked to watch a video sucks, but he explains it a million times better than I can.