Earlier quoted context omitted.
I have never heard of it, but I just had a quick skim through and IMHO the bad parts are the parts that have anything to do with economics, because it exposes him as a totalitarian neofeudalist (although he might not think of himself that way ... most totalitarian neofeudalists don't, they just don't understand their own economics well enough to see where it leads).
how totalitarian? you have free markets (which the manifesto supports) or planned economies and planned economies are where totalitarianism works.
Believe it or not, humanity's economic markets cannot be fully described by two simple categories.