And speaking of privatizing social security by Gil Friend | Dec 21, 2004 | Politics | 0 comments [Krugman/NY Times]: Buying Into Failure In Chile’s system, management fees are around 20 times as high. And that’s a typical number for privatized systems. Read your prospectus before voting, folks. Tweet Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.