No. You haven't.
A society where the state owns and controls everything is one that has gone terribly wrong.
A society where a robber baron plutocracy owns and controls everything is one that has turned out exactly as its architects intended.
This is idiot talk. Every nation that has gone totalitarian has done so because a person or political movement has specifically had that in mind from the very beginning.
Now.
1) Societies where the state owns and/or controls everything.
2) Societies where robber baron plutocracies own and/or control everything.
Look over the entire world, and the past century, and count them. Let me know your final tally.