Given that it's just another -ism, brain farted by some random french aristocrat in the eighteenhundreds-something if I remember correctly, and like all other -isms designed to control the population and steal the profit. All of them?
The core ideas are awesome, but then the same could be said of Democracy; any idea force fed from the top is going to have the same kind of shit sandwich quality, the rainbow madness is just the latest example.