a way of smearing socialism
That's the problem.
It is pretty easy to smear any *-ism or honestly any buzzword.
See what's happening with the word AI.
Some scientists use a very specialised model to make an actual +ive impact and everyone says "AI is great!" and use that to drive funding for destabilising the technology industry/market.
Those who like to irresponsibly control people, will use buzzwords to attract people into groups and then use them to further an unrelated agenda by slowly drifting away from everything the word once stood for.
This is essentially the history we know of: under the names of gods of religions, of languages, and then ideologies and regimes.
In the end, all of them go to help those who will control people without caring about how they use them.