It's not socialism, it's corrupt state collaboration with capitalist corporations to suppress labor. That's fascism.
Where state, employers, and workers collaborate through formal national
mechanisms to collectively manage the economy, prioritizing the needs of the
nation and protecting corporate interests while suppressing labor.
Technically then they aren’t wrong to equate this to the USSR - it’s important to remember that both china and Russia are “transitioning” to communism, although both are kind of stuck in the in between phase where the people who should be ushering in that change found instead that they can wield authoritarian power to enrich themselves and subjugate others.
Other side of things is you’re absolutely correct that this feels like a fascism, which is what this administration continues to feel like…over and over and over and over again
The American people have been lied to for so long about what Socialism actually is to even be able to recognize it when it's happening right before their eyes.
No this is what happens in authoritarian states all the time. Dear leader has a conversation with a “friend” and suddenly that friend’s enemies have some new limitation from the government. Socialism takes the form of generally higher taxes on profits from personal or corporate income which pay for things for the whole society.
The US hasn't been anything remotely akin to the capital of Capitalism in more than half a century. The US has a hyper regulated, highly taxed economy, to go with a gigantic government. The capital of Capitalism would be the opposite in most every respect. Go back to the late 19th century in the US as one example, if you want to see low regulation and low taxation.
