#6
That is at best inaccurate.
For the most part, fascist regimes did not engage in public ownership, they were content to let oligarchs operate corporations so long as they played nice with the regime. There were a few exceptions, such as where the Nazi regime took over steel companies, but those were the exceptions, not the rule.
When the government is a functioning democracy, public ownership of large corporations IS the workers owning and controlling the means of production. I know we're not quite at functioning democracy in this country any more, but we're still potentially going to be functional enough in the future that public ownership is preferable to oligarch ownership. It's not the ideal, which would be canceling all stonks and handing full ownership to the workers, but it's a step in the right direction.
As far as the government deciding which businesses succeed or fail? Yeah, that's going to be a thing no matter what, and it should be. If a business can't pay all the workers a living wage, it should fail, and the government has a responsibility to ensure it does. If a business provides an essential service but is a natural monopoly (think electricity or last-mile internet) but is being run for-profit the government has a responsibility to seize and operate it. And healthcare should NEVER be for-profit, it's an obvious responsibility of government to prohibit that and operate it.
The orange sack of---------- singlehandedly racked up 30% of the debt.
How impressive.