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I prefer the Chile style "forced savings" retirement, which a person owns. Such a system, put in with Pinochet and Chicago Boys, has allowed Chile to become the richest S.A. country in 2022 after being one of the poorest in 1973.

Chileans recently voted in a socialist - so I expect the, not Voldemorting, but Venezuelization and reduced or negative growth in Chile.

Anybody forced to be in a system that includes payments and benefits, can be against the system but accept the benefits after paying in the payments. Without the SS, Rand wouldn't have starved. But her system's not worth arguing about.

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Feb 5, 2022
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Chile's economic success was heavily dependant on its nationalized copper mines, which even Pinochet didn't privatise

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