Why Economic Democracy will never work

Economic Democracy sounds like a brilliant plan that would be a legitimate alternative to capitalism. It solves a lot of the problems capitalism simply ignores. Although economic democracy itself is not perfect, its overall problems seem to be less serious than capitalism. However, this economic system will never be implemented because the people in power will never allow it. The people in power have been put in that position by the capitalist system. Why would they replace a system that has allowed them to succeed? It is a vicious circle. The current system prohibits the transition to a better system. Capitalism is indeed a monster that is impossible to escape. There would have to be some sort of revolution, where the people mistreated under capitalism would band together to implement this new system. However the sad fact remains that many of the underpaid and mistreated workers that would lead this revolution are not educated enough. They are not educated enough to create a revolution, nor are they educated enough to manage themselves if economic democracy was ever implemented. Again they are trapped by the current system. The fact remains that the people in power are too greedy to give up their spoils for the good of the country. It seems like now, when our economy is in such trouble would be the perfect time for change. It is obvious that the current system has failed. However the people in power are still being benefited by capitalism while the rest of us struggle to get by.