Like “meritocratic communism” it is either an impossibility, or a lie. Most likely a lie to cover an impossibility. Most such lies are created in order to perpetuate fraud by political means by making false moral appeals in an effort to avoid exchanging behavioral limitations for material rewards.
Libertarianism: universal individual ownership of property, and voluntarily constructed commons.
Socialism: Universal state ownership of property, and the involuntarily constructed commons, where bureaucratic or authoritarian leaders determine the assignments of work and the distribution of proceeds from the work – (which usually don’t end up existing) Socialism is a failed experiment.
Mixed economy: Involuntary organization of the production of commons using representatives who appropriate the proceeds of production. Plus the voluntary organization of production of goods and services which generates the proceeds that are later redistributed as commons. This is in practice the western model since voters demonstrably do not vote for policy but ideology.
Direct Economic/market Democracy: The voluntary organization of the production of commons by voting for desired commons with the contributions that one has produced. Combined with the voluntary organization of production of goods and services which generates the proceeds some portion of which are used to produce commons. In this model competitive commons are possible, and no monopoly commons are necessary. But competitive commons are class-weighted. This is an unlikely experiment except in small, very wealthy communities.
Direct Redistributive/Shareholder Democracy: The voluntary organization of the production of commons by voting a SHARE of the proceeds from a mixed economy. Combined with the voluntary organization of production of goods and services, which generates the proceeds some portino of which are used to produce commons. This means meritocratic contribution to commons but egalitarian decision of commons. In this model competitive commons are possible, and no monopoly commons are necessary. This is a likely next generation of Government since it eliminates the unnecessary conflcit of monopoly commons and eliminates the existence of politicians who engage in corruption.
We must organize cooperation (morality)
We must organize reproduction (family)
We must organize production (market)
We must organize commons (government)
We must organize a monopoly with which to hold our territory (military)
If you aren’t using these terms then you’re probably engaged in error or lie.