Is equality harmful to growth?

However, income distribution is an important category in analysing growth in all major theoretical models. For example, for the classical school, the structure of income distribution is one of the major factors determining growth. In this model, assuming full utilization of capacities, any redistribution in favour of profits or in favour of the more affluent, given the propensities to save, will increase the size of savings and, with it, automatically, investment and growth. Considering that in this model savings determined investment, any increase in inequality of income distribution is growth enhancing.