I'm sorry you don't understand that the government is a national entity that can dedicate funds toward national benefit. The concept probably isn't lost on you for thinks like infrastructure and defense?

Is this something you know for certain or are you just parroting what you heard on Fox News / MSNBC?

There have been instances where nationalizing resources has directly benefited the population. Here are a few examples:

1. Norway's nationalization of oil reserves: Norway nationalized its oil reserves in the 1970s and created the state-owned company Statoil (now Equinor). The revenues from the oil industry were used to fund social programs and invest in infrastructure, education, and healthcare. This has made Norway one of the most prosperous and equal societies in the world.

2.Bolivia's nationalization of gas: In 2006, Bolivia's President Evo Morales nationalized the country's natural gas industry. This move allowed the government to increase its share of the revenue generated from the industry and invest it in social programs such as healthcare, education, and poverty reduction. As a result, poverty rates in Bolivia have decreased, and the country has made significant progress in reducing inequality.

3.Malaysia's nationalization of tin mining: In the 1970s, the Malaysian government nationalized the tin mining industry, which was previously dominated by foreign companies. This move allowed the government to regulate the industry and ensure that the profits were reinvested in the country's economic development. As a result, Malaysia was able to diversify its economy and achieve significant economic growth, which benefited the population.

You’re right dude

Imagine if everyone in the country benefitted from oil production instead of just a handful of oil executives and shareholders. That would be TERRIBLE