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The Left has unfortunately discovered that they don't need to create a Leninist revolutionary cadre because one already exists: the managerial class in business and government.

You don't need anything as crude as the NKVD knocking down doors at 4:00AM. All you need are thousands of pages of regulations and HR manuals.

The end result is the same: a command economy thoroughly under the thumb of the managerial class both in and outside of government. Look at automobiles: basically now too expensive for most Americans to buy new because of the deliberately engineered shortage caused by over regulation, taxation, and disruptions to supply chains. This phenomenon is now spreading into all parts of the economy- housing, food, etc.

Basically, the Left has decided that corporate fascism is the goal with governmental and business elites joining together to form a one-party state and strip mine the wealth of the US.

Progressivism had the same philosophy, but they claimed the purpose was to create a “greater good”. But that is the claim of Leftists, everywhere.

The result is, as you describe, the concentration of wealth in the government and managerial hands.

In the USA, the managerial class has been able to prevent the purges, insecurity of property, and imprisonment which plagued the Soviets and plague the CCP to this day.

The current left in the USA seems to want to emulate the worst aspects of the Soviets and the CCP.