I did not see the word "collectivised" in Obama's speech, although it may have been there, so I am not sure if they have taken his words out of context or not. I doubt he is espousing communism, which seems to be what the OP suggests.
I have mixed feelings about Obama. He got health care passed, although a watered down version, it's a win for me, a lot more people have health care now, especially in states like California that did their own exchanges, and its not the death squads and socialized medicine that critics predicted. I'd say a B+
Foreign policy, pretty good for the first term, not so great for the second term., but no new war, so far. I'd say C+
I'd give him poor marks for working with congress and dealing with the Republicans, although they have to take some of the blame because they would rather see the country go down the tubes that work with him. So C-
Overall, I guess a B-, about what I expected.