Do the Rich Capture All the Gains from Economic Growth?
I'd like to add to this argument.<p>If Ohio's steel industry grows by 500% who reaps the benefits?  Me?  The guy writing code in Portland, Oregon?<p>No... its pretty clear that a specific subset of people receive the benefits.  The people who own the steel mill.  The people who receive employment from the steel mill.  The governments which tax the steel mill.  But not me.<p>Economic growth isn't uniform.  Its an uneven field that benefits some and not others.  That's why people move and change jobs.  That's why societies abandon old interests and embrace new interests.<p>I don't know why anyone should feel entitled to economic growth if they didn't participate in it in any way.