The horrific war of Russia in Ukraine has sharply revived debate over charges of Russia's fascist behavior. Refuting the label of "fascism" for Russia does not mean negating the unacceptable suffering of Ukrainians and the responsibility the Russian regime bears for causing it, but instead aids in building up an interpretation of the conflict that is analytically correct and therefore will generate more productive policy. Here, after first defining fascism and where to look for it, Laruelle address various facets of Russia's ideological landscape, its state-society relationship, and finally move to a consideration of the policy implications of the "fascism" label to examine why its maximalism is not only analytically wrong but counterproductive, policy-wise.