> where people are impoverished and dying through evil collectivists providing welfare states
Your perspective is too non-collectivism skewed. The West is a mish-mash, but it's the bastion of economic liberalism and capitalism. Those are so effective that they can pay for all sorts of social policies without affecting the productivity too much of the people making the money.
You should be thinking about the millions starved and killed in China or Russia or now Argentina when you think of the problems of collectivism. Thinking of somewhere like Sweden as a collectivist paradise is wrong - there are plenty of billionaires there. It's easy to pay for "free" stuff when there's plenty to go round, and the plenty is generally not provided by a collectivist state.
There are plenty of people who think that eating the rich would pay for everything. They think billionaires actually have yearly billions in cash to pay for social entitlements, rather than one-off ownership of valuable companies. That's the worry that's being discussed.
No, my perspective is based on actually reading the actual words of his actual speech which includes lines like "the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism".
He explicitly isn't saying anything about the Holodomor or the Great Leap Forward, and he is criticising the leaders of the United States, the EU, the UK and Sweden for being too "collectivist" (and suggesting that neoclassical economics is insufficiently supportive of capitalism because it concedes market distribution might not always be perfect!)
The world doesn't lack defences of capitalism or criticisms of the USSR and Latin American socialism, nuanced and otherwise. But the perspective of equating the policy stance of the Biden or Macron or Sunak administration on welfare and regulation with Stalinism or Maoism or even Chavismo is the definition of extremism, and not even high-quality, evidence-based extremism.