Your position turns classical monarchy into a proto-socialist employer-state—with the twist that it is still autocratic in form.

The idea that the state and the nation are the private property of the monarch, and that he therefore owes a salary to his citizens, reduces political rule to a purely economic relationship. In this model, citizens appear primarily as productive assets, whose value derives from their usefulness to the monarch. But rulership cannot be understood through economics alone—it rests on power, legitimacy, law, and social order.

As it’s said in Game of Thrones: “Power is power.” Rule is not legitimized by economic utility, but by actual power—and the ability to preserve it wisely. A monarch does not rule because he pays, but because he maintains power and secures loyalty. The first rule of any ruler, therefore, is to preserve power—for historically, every monarch is only one bad harvest away from being beheaded.