What is the version of the following sentence with correct punctuation?

The way out of parliamentarism is not of course the abolition of representative institutions and the elective principle but the conversion of the representative institutions from talking shops into working bodies The Commune was to be a working not a parliamentary body executive and legislative at the same time
The way out of parliamentarism is not, of course, the abolition of representative institutions and the elective principle, but the conversion of the representative institutions from talking shops into "working" bodies. "The Commune was to be a working, not a parliamentary, body, executive and legislative at the same time."