In economics, as well as in politics, there is a classical divide between strategists: growth or distribution? Jagdish Bhagwati or Amartya Sen? Republican or Democrat? GDP or Social Security? Those who pump up for growth, want free enterprise to flourish with as little interference as possible from the government. Taxes should be less and opportunities ought to be open so that everyone competes and the economy as a whole grows bigger, with everyone sharing all the benefits.
Those who frown on the growth engine theory, castigate this fixation on growth saying that in the race to grow, usually the winner takes all and the less privileged are left scrambling for crumbs.
