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But then, she also wrote Atlas Shrugged as a kind of warning, with the hope that we would not become the kind of regime she fled. The OP is exactly apropos.

That's right, and it was set in America.

The context you've mentioned is important. I'm not a fan of Rand's overall philosophy (sympathetic to parts of it, perhaps, but that's not terribly important), but surely one can appreciate this quote in the appropriate context, even if they reject the greater body of her work.

Atlas Shrugged is set in the United States. I'm sure she wouldn't be surprised.