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.

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.