“A political state in which sovereignty belongs to the totality of citizens, without distinction of birth, fortune or ability” (Lalande), which means that power belongs to all (not necessarily at the same time and in all domains), so we would have to speak of a panarchy. The problem lies in the exercise of this sovereignty. Recent history has equated the representative regime with democracy, even though the two were expressly opposed by the modern founders (England, USA, France). Democracy is not the power of the majority, but the integration of minorities, nor the totalitarianism of a minority: today’s plutocracies and elitocracies. From now on, we should speak of diacracy (shared power).