Actually it is more properly called FASCISM.
Exactly right.
The Progressive movement is a fascist movement. It is America’s version of fascism.
There are of course many other flavors of socialism among the American left-wing but the ruling ideology of the Progressive movement is one of fascism.
That is why you saw many on the left upset about Obamacare. These were the more pure socialists who wanted a more pure system of socialism in place.
Obamacare is more progressive (fascist) in nature thus all of the back room deals, waivers and government panels to sit in place and regulate.
Bingo! The Italian movement that took the name Fascism, and bequeathed it to posterity as the name for similar authoritarian systems, modeled itself on the original American "Progressives", Wilson and his ilk.
Socialism is dead as an idea: it has become manifestly clear that it does not work. Thus, the remaining instances of the totalitarian/authoritarian impulse (the bizarre dynasty in North Korea excepted) are all actually fascist: the Chinese and Vietnamese "Communists", and all the "left" parties from the American Democrats to the British Labourites to the Spanish "Socialists", all grudgingly admit that the market is necessary for there to be wealth to regulate, control, redistribute.
Indeed.