So your solution is to hand everything over to the government and allow them to control the labor, the profit, and the wealth of over 340 million people without first having any understanding whatsoever about how a system such as that would be stressed under the weight of such a population?

I’ll add that there exists no government on the planet that could be trusted to do something like that without exploiting the populace- as none have done so to date.

You clearly haven’t thought this through.