In terms of his analysis he was downright brilliant. Having said that, I’d be very leery of the action plans born from that analysis.
Already covered that, in anticipation of being dragged pointlessly down the “evil communism” HN rabbit hole. His analysis was good, the way people chose to use it to justify their political systems was not. Of course the same can be said of many things, from politics to religion. I can admire the tenants of Christianity while acknowledging how it’s been abused for millennia. Both can be true.