From Robert Conquest in NR in 2000:

In any case, at the political level, we see a meld of state and capitalist bureaucracies into something resembling a corporatist society. And it may be noted that this type of corporatism, with a capitalist element merged into (and controlled by) the state machine, is the sort of order that seems to be emerging in China. If so, we see an aberrant and paradoxical confirmation of the old “convergence” theory advanced by John Kenneth Galbraith and others. Such a corporatism, if established in Western societies, is bound to lead to a degeneration of democratic habits, civic relations, and, in the long run, mental independence, and so to an inability to cope with world or other problems.
 
In its European mode, this corporatism presents something described by French critics as “pink fascism,” enforced by ill-instructed, if well- meaning, recruits to the intelligentsia. This milieu would, in the old days, have become Marxist, and hence largely unassimilable to the Western political world proper, but, divested of ideology proper, it is now scampering through the institutions. Institutions have, of course, to exist, or to be created, in a form suitable for such a cadre, institutions into which this cadre can inject the subjective justifications for the sort of activism previously provided by Marxist, or other, ideology.