Sentence:  The main characteristic of <WSD>personocracy</WSD> is that it "promotes the participation of all members in governmental decision[s]" while showing "the same concern for the individual members of our community as the Personalized System of Instruction shows for individual students". 
Meaning of the word marked with <WSD> tags:  A more participatory form of democracy, intended to care for every person and not just the majority.