The US just turned neo-nazi for a full two years. We're totally putting on the reich right now. We even have fucking concentration camps.
And we started a stupid war putting the entire global economy into an energy crisis. And we're in an affordability crisis with skyrocketing inflation. Americans can't afford food and fuel and are skipping medications.
And the US is betraying its NATO allies and sucking off Putin. America is a Russian asset right now.
So let's back up a bit. We've been making late-stage capitalism noises since the beginning of the century, after the dot-com bubble. Then came the subprime mortgage crisis. We passed some laws to prevent financialization shenanigans, then we repealed those laws. With quality of life in the shitter, young whites put Trump into office. Then COVID-19, and then since things still weren't better, racism was back on the menu, again.
But now, billionaires -- who got rich through financialization (that is fancy fraud-flavored rent-seeking) -- are trying to dismantle democracy and create an authoritarian state while fast-tracking the automation of the entire workforce. And they're not yet finished plundering the US treasury and its credit line, yet they're already starting after the rest of the developed world, long softened by (you guessed it) neoliberal capitalism.
Capitalism has fucking failed. We can try to reconstruct a market economy, but so long as we allow for a plutocratic class, it's going to fail, and eventually the aristocrats will succeed to contain the rest of the workforce, and work us to death like slaves at a sugar plantation.
So maybe we don't want to do what the Soviet Union did, exactly, but we don't really want to do what the US and colonial Europe did either.
(And to be fair, every time someone tried to create a democratic Leninist state, colonial forces, usually the US, were right there to topple their government and erect a puppet dictatorship that allowed business interests to plunder natural resources. Heck, Wilson called the international community, a lot of it still colonial monarchies, to sanction USSR as soon as the Red Army won. Capitalism is a plague of parasites.)
Maybe pull together some Keynesian economists and build a social strategy? I don't know. I'm not an expert, but I listen to Paul Krugman, Richard J Murphy and Robert Reich. They have ideas.
But to quote the hairdresser recently on Last Week Tonight (on YouTube, ~23:43), At this point what do we have to worry about? Anything but what we have. We're on our way to Hell.