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Everyone can play the game of saying everything horrific in the past or today is directly attributable to the economic system that they oppose and that their opponents advocate, and we can even go further and play tricks like this: "Nazism was really a left-wing system in nature". See, it's great fun.
Ultimately it's pointless though; it doesn't persuade anyone to think differently about anything, and serves only to make the writer feel righteous, without needing to go to the effort of formulating and advocating something genuinely better and workable for the future.