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As for what happen after uncollectivisation, see Chile or even the US.High growth and low absolute poverty. You do make a compelling argument against collective state-run pensions, I must say.
As for what happen after uncollectivisation, see Chile or even the US.
Well US and Chile don't have particularly low poverty levels in fact the majority of European countries are at least a percent below the US poverty rate. I seem to remember discussing on here the manipulation of US poverty definitions to remove 4% from US poverty figures. So the idea that the US has low poverty levels dosn't really stand up. Any idiot can face a crisis - it's day to day living that wears you out.
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