cooperatively owned
This usually means employee, or sometimes, customer owned. You described fair taxation and UBI/freedom dividends instead.
What needs to be nationalized with 99% shareholder dillution and zero compensation in the US is oil, weapons companies on the basis of their warmongering lobbying, and other zionist first rule over America media and political funding terrorists.
UBI is first and foremost power redistribution. The wealthy stay wealthy, and through economic growth and faster money multiplier, get even richer even at higher tax rates.