Horseshoe theory is definitely a thing in that the extreme left is every bit as hateful, intolerant, and authoritarian as the extreme right, they just direct it at different groups.
The more militant members of the far left for example are very open about calling for murder, rape, and torture of those who disagree with their opinions about gender, are openly racist towards white and Asian people, (who they label as "white adjacent") openly sexist towards men, openly ageist towards older people, and try to destroy the lives of pretty much anybody who doesn't conform to their beliefs, to the point of trying to get people fired from their jobs or harassing and doxing people for expressing non-left views.
Thankfully, the extreme left currently holds comparatively few positions of official power, in the US anyway, but I'd argue they're just as toxic as their counterparts on the far right and if they had their way we'd be living in a totalitarian dystopia.
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