Modern day communism is basically neoliberalism. Look at China, they are a state run capitalist and corporatist nation. They enforce far left cultural indoctrination with state capitalism to keep the populace in full submission.

We’re the real populists, bringing back the power to the people.

Edit: lol downvote all you want, but the Demoncratic party is literally using the China playbook. They have so many elite and corporate backers to further expand their cultural marxism.