In this case, it's not hard to make the argument that you can't have one without the other.
If you're always going to lean into risk aversion and safety nets, you will lose to the player who is willing to make more risks. This involves the losers losing bigger, but the winners winning bigger.
That's what the US is compared to Europe. The winners are better off, but the losers are worse off.
Everything is a trade off. But it's highly unlikely you can have best of both worlds in the long run.
If you're always going to lean into risk aversion and safety nets, you will lose to the player who is willing to make more risks. This involves the losers losing bigger, but the winners winning bigger.
That's what the US is compared to Europe. The winners are better off, but the losers are worse off.
Everything is a trade off. But it's highly unlikely you can have best of both worlds in the long run.