--- title: "Meaning & Key Takeaway of: Growth is a substitute for equality of…" description: "\"Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.\" — Henry ..." image: "https://sms4smile.com/quotes/i/0ef/henry-wallich-63107_equality_growth-is-a-substitute-for-equality-of-i_413055.jpg" --- # Growth is a substitute for equality of income. So long as… ![“Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.” quote by Henry Wallich](https://sms4smile.com/quotes/i/0ef/henry-wallich-63107_equality_growth-is-a-substitute-for-equality-of-i_413055.jpg) [Download](https://sms4smile.com/quotes/i/0ef/henry-wallich-63107_equality_growth-is-a-substitute-for-equality-of-i_413055.jpg) [Open image](https://sms4smile.com/quotes/i/0ef/henry-wallich-63107_equality_growth-is-a-substitute-for-equality-of-i_413055.jpg) > “Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.” [Henry Wallich](https://sms4smile.com/quotes/author/henry-wallich/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic growth can mask income inequality, making disparities seem tolerable. **In simple terms:** Growth hides inequality. Key Takeaway Question growth's role in justifying disparity. Themes economics growth inequality Mood critical analytical Type economic philosophical When to use this quote - policy making - wealth distribution - public discourse Key Concepts macroeconomics social justice Questions to Reflect On - Can growth be truly inclusive? - What policies can balance growth and equality? A Different Perspective Growth without redistribution can worsen inequality. ★ ★ ★ ★ ★ No ratings yet [Equality](https://sms4smile.com/quotes/about/equality/) [Growth](https://sms4smile.com/quotes/about/growth/) [Income](https://sms4smile.com/quotes/about/income/) ## Related quotes > [“In the human mind, doubt has a faster rate of growth than even hope, and we know what that meant for poor Desdemona.”](https://sms4smile.com/quotes/b-s-murthy/in-the-human-mind-doubt-has-a-faster-rate-of-growth-than-even-hope/) [B.S. 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Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) > [Wherever there are birds, there is hope.](https://sms4smile.com/quotes/mehmet-murat-ildan/wherever-there-are-birds-there-is-hope/) [Mehmet Murat Ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [Romans says the creation was 'subjected to frustration, in hope that it will be liberated from its bondage to decay.' In hope! 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There is hope.](https://sms4smile.com/quotes/sherrilyn-kenyon/if-it-makes-you-feel-any-better-this-isn-t-my-first-apocalypse-there/) [Sherrilyn Kenyon](https://sms4smile.com/quotes/author/sherrilyn-kenyon/) ## More by Henry Wallich > [Every principle that wants to command strong allegiance must make a moral case. Men want to feel that what they are doing is useful,…](https://sms4smile.com/quotes/henry-wallich/every-principle-that-wants-to-command-strong-allegiance-must-make-a/) [Henry Wallich](https://sms4smile.com/quotes/author/henry-wallich/) > [Profits are part of the mechanism by which society decides what it wants to see produced.](https://sms4smile.com/quotes/henry-wallich/profits-are-part-of-the-mechanism-by-which-society-decides-what-it/) [Henry Wallich](https://sms4smile.com/quotes/author/henry-wallich/) > [Freedom is like health, it is taken for granted while one has it. 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