Not quite, my leader. If the means of production (like mines) fall into the hands of the state, the profits don't just go to libraries and halls. The state becomes the sole shareholder. In theory, 100% of that wealth goes into the national purse to fund everything infrastructure, free education, healthcare, and industrial development instead of enriching private individuals. The difference between that and high taxes is ownership. Right now, the state only takes a percentage via tax; with state ownership, they take the whole cake. The real debate isn't the model, it's capability. For this to work and actually yield 'financial gains' for citizens, you need an ultra efficient, uncorrupted state machinery m. If management is poor, the profits vanish before anyone sees a library or a dividend.
However, if a state owns the means of production successfully, it can choose to distribute wealth directly e.g., direct social grants, subsidized living costs, or zero fee public services, which functions as a financial gain by reducing everyday living expenses.
@rahein70@IranObserver0 Oooh...nothing to do with other countries resources ?? what have your "champions of democracy" done in Palestine ,Iraq, Afghanistan, Syria, Lebanon, Yemen, Libya,Somalia,Venezuela and now in Iran ?? which planet are you from ???