This is an often misconstrued part of Nazism. For those inclined to equate the far left (mensheviks, Troskyites and, arguably, bolsheviks) with the far right (nazis, corporate democrats, republicans, etc.:0) there is far too much emphasis placed on the fascists demand that people "surrender themselves to the State". This is often mis-guidedly equated to leftist socialism (not to be confused with Communism, which shares a lot more with Anarchism than it does with either Socialism or Fascism).
Communism is the ultimate "Power to The People" brigade, Democratic Federalism is "Communism Light" and the Plutocratic/Oligarchic/Nazist state is what we have now which eliminates the rights of the individual (except for those who are more equal than others - read board of directors members) that we have now.
My History Prof back at UNCC gave the best description ever of the differences between the far left and the far right. He said either group was capable of the very same atrocities as the other. However, "the Far Left is morally superior because the Leftist commits those atrocities because he is convinced that everyone will be better off for his efforts. The Far Rightist commits those same horrors because he is convinced that he will personally be better off."
I'm not nearly the Marxist I once was. But, at 50, I do believe this. Capitalism has its place. It is a wonderful incubator for original ideas that benefit the whole. However, once it matures, once a "company" becomes a corporation that employs more than 20, 30 or 50 people or so, it becomes an entity that stifles innovation. When we (the USA) were infants, the adage used to be "Build a better mouse trap and the world will beat a path to you door." But we matured beyond usefulness. If we were to re-write that adage today it would read something like, "Build a better mouse trap, but be sure you never worked for a mouse trap related company, one of its subsidiaries, nor one of its suppliers and then, if you don't have a non-compete agreement signed with your former employer, maybe you can sell your improved mouse trap. But, only if you have enough cash to fend off the giant mouse trap producers because they will sue you, a legitimate claim not being necessary, on the bet that you will run out of money for legal expenses before they do." That's where we are. And the fat cats own our government. We don't have enough money to put their toadies out of office and because we are a xenophobic group, we cannot find enough common ground to protest conditions with the numbers that would be required.
With apologies to Mr. Schultz, "We're Doomed."