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This book argues that the implementation of compulsory, highly regulated, privately administered, defined contribution pensions facilitates rent-seeking behaviour on the part of the pension fund administrators and undermines the retirees' income and well-being.
Because of their political nature, these incomplete "truth and justice" policies instead of satisfying the victims' demands and providing a mechanism for closure and reconciliation generate new demands and new policies and actions.
Silvia Borzutzky offers a counter-argument to privatization and to traditional interpretations of Chilean politics. She analyzes the intimate connections between politics, policies, and the distributation of socioeconomic resources in Chile.
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