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Not that want to endorse fascism either but as far as the right historically appropriating other anti-capitalist's culture memes goes (ironic really), I feel this format is pretty limited in appeal.
Beyond the bigotry and shallow visuals (aka the point), fashwave is merely a more explicit take on nostalgia or 'recall-error' aesthetics of postmodernism. So it I don't think it can function the way some people fear it might, just so long as it restricts the urge to be less than ambiguous.
Have another.