Yet the difference is not so stark. Were that the choice, the world would indeed be an unfortunate place. But the statement is barely coherent. In the marketplace, lower prices and higher profits indicate rising productivity, which in turn expands opportunity and raises incomes. There is no sacrifice of workers.
Real security comes from burgeoning opportunities and rising living standards.
If by both, they mean a comprehensive government safety net and a vibrant market economy, no one has found out how to accomplish this. Europe doesn't know what growth is. The United States grows sluggishly. In contrast, the nineteenth-century economy grew dramatically, lifting an entire society out of poverty, lengthening lives, and creating the most advanced society in history. The production of wealth is a continuing job.