Sydney Madwed: Self Worth Value
on Tuesday, September 21, 2021Sydney Madwed Money Quote saying that those who measure themselves against others are ingnoring their self worth in favor of net worth. Sydney Madwed said:
“Poor is the man who does not know his own intrinsic worth and tends to measure everything by relative value. A man of financial wealth who values himself by his financial net worth is poorer than a poor man who values himself by his intrinsic self worth” — Sydney Madwed
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In this quote, Sydney Madwed seems to be contrasting two different types of perspectives on self-worth – intrinsic worth versus relative/financial worth. Specifically:
- Madwed states that a person who is unaware of their own “intrinsic worth” and judges everything based on comparative “relative value” is impoverished in an existential sense.
- He notes that even a man of great “financial wealth” who defines himself primarily by his “financial net worth” number is poorer in an important way than someone with few resources.
- Madwed argues this is because the poor man in the example finds worth from “intrinsic self worth” independent of external factors like wealth/status.
The best interpretation is that Madwed believes true prosperity comes from within by recognizing non-monetary strengths and values, not from any dollar amount or social standings. While money fulfills needs, it does not confer deeper fulfillment or self-assurance according to Madwed’s perspective emphasizing intrinsic qualities over superficial or comparative measures of net worth.