Plato: Wealth Poverty Parents

Plato Money Quote saying the wealthy and the poor see luxury or meanness. Plato said:
 

 

“Wealth and poverty; one is the parent of luxury and indolence, and the other of meanness and viciousness, and both of discontent” — Plato

This quote from Plato suggests that both wealth and poverty can have negative effects on one’s character and contentment. He implies that wealth may lead to indulgence and laziness, as it enables complacency, while poverty could breed stinginess and immorality since it involves constant lack and deprivation.

However, Plato also appears to be saying that both economic extremes ultimately result in the same outcome of inner discontent, as neither extreme – constant indulgence or constant deprivation – is conducive to true well-being or fulfillment.

The overall message seems to be that moderate means provide the most balanced and virtuous life, avoiding the pitfalls associated with either affluence or indigence alone.

Birthday: c. 427 – Death: 348 BC

Plato: Wealth Parent of Luxury

Plato Money Quote saying both wealth and poverty create their own problems and both lead to unhappiness. Plato said:
 

 

“Wealth is the parent of luxury and indolence, and poverty of meanness and viciousness, and both of discontent” — Plato

This quote from Plato suggests that both wealth and poverty can have negative effects on one’s character and contentment. He implies that wealth may lead to indulgence and laziness (“luxury and indolence”), as it enables complacency, while poverty could breed stinginess and immorality (“meanness and viciousness”) since it involves constant lack and deprivation.

However, Plato also appears to be saying that both economic extremes ultimately result in the same outcome of inner discontent, as neither extreme – constant indulgence or constant deprivation – is conducive to true well-being or fulfillment.

The overall message seems to be that moderate means provide the most balanced and virtuous life, avoiding the pitfalls associated with either affluence or indigence alone.

Birthday: c. 427 – Death: 348 BC

John Madden: Pay Pass-Through

John Madden Money Quote saying all costs are eventually covered by the consumer and sports is paid for by fans. John Madden said:
 

 

“Sports has always been a pass-through. You pay for something, and then you pass it through to television, you pass it through to advertisers, or you pass it through to season-ticket holders, luxury boxes and then the fans. Then it all adds up, and you take in more than you pass out” — John Madden

In this quote, John Madden seems to be outlining how the sports industry generates revenue through various revenue streams that work interdependently. Specifically:

• Madden notes that sports leagues and teams “pass through” their product (games, content, IP rights etc.) to different parties like TV networks, advertisers, and fans.
• This passing through allows monetization through mechanisms like TV rights fees, advertising dollars, ticket/merchandise sales, luxury suites and more.
• He suggests that through the various revenue channels that work together, the total money “taken in” from this pass-through model ends up exceeding the original “out” costs to produce and run the actual sporting events and operations.

The best interpretation is Madden is describing the business of sports as a system where content is circulated to and monetized by multiple parties in a way that cumulatively generates profits beyond just the costs of putting on games and running the franchises according to his perspective on the industry’s revenue dynamics.

Birthday: April 10, 1936 – Death: December 28, 2021

Christine Says: Monopoly Game Tax

Christine Money Quote saying the game of Monopoly shows its age by how it references taxing the rich who must go to jail like everyone else. Christine said:
 

 

“You know the game Monopoly is an old game because there is a luxury tax and rich people can go to jail” — Christine

In this quote, Christine seems to be making an observation about elements in the classic board game Monopoly that reflect the time period when it was created. A few key points:

• Noting the inclusion of a “luxury tax” suggests this aspect of the game’s economic systems now seems dated or anachronistic compared to modern times.
• Similarly, pointing out that rich players can end up in jail implies this mechanic captured social attitudes from earlier eras when great wealth was viewed more suspiciously.
• By highlighting these features, Christine appears to be commenting on how the game provides an unintended window into the societal norms and values held when it was designed in the early 20th century.

Overall, the quote conveys Christine’s view that certain rules within Monopoly, like taxing wealth or the ability to imprison tycoons, demonstrate the game was conceived during an era when attitudes toward affluence had different connotations than perspectives common today. The message is these details unintentionally signify the period in which the board game originated.

You know the game Monopoly is an old game because there is a luxury tax and rich people can go to jail ..

— christine (@christi02127678) October 25, 2021

Arthur Helps: Riches Great Luxury

Arthur Helps Money Quote saying the wealthy are always giving advice to the poor but somehow don’t get any advice from the poor. Arthur Helps said:
 

 

“The greatest luxury of riches is that they enable you to escape so much good advice. The rich are always advising the poor; but the poor seldom return the compliment” — Arthur Helps

In this quote, Arthur Helps seems to be commenting on an asymmetry in how unsolicited advice is distributed between social classes. By stating that “the greatest luxury of riches is that they enable you to escape so much good advice,” and that “the rich are always advising the poor; but the poor seldom return the compliment,” Helps implies the affluent feel entitled to counsel those with fewer means, while the poor do not reciprocate with advice for the wealthy.

The quote conveys Helps’ perspective that the wealthy see themselves as benefactors by advising the less fortunate, but are shielded from similar advice by their status and resources. Overall, Helps appears to be arguing that the privileged tend to patronize the disadvantaged with advice, while facing less unsolicited guidance themselves due to their relative freedom from want that buffers them from such counsel, whether wanted or not.

Birthday: July 10, 1813 – Death: March 7, 1875

Coco Chanel: I Love Luxury

Coco Chanel Money Quote saying the opposite of absolute luxuriousness is the vulgarness. Coco Chanel said:
 

 

“I love luxury. And luxury lies not in richness and ornateness but in the absence of vulgarity” — Coco Chanel

Coco Chanel is saying that true luxury is not about flaunting wealth through overly expensive or ornate possessions. Rather, true luxury lies in having refined taste and avoiding anything that could be seen as tacky or in poor taste.

She’s emphasizing that luxury is about subtle elegance rather than overt displays of wealth through gaudy or vulgar designs and materials. In other words, true luxury is defined not by how much something costs but by how tastefully it is crafted and presented.

Birthday: 19 August 1883 – Death: 10 January 1971

Coco Chanel: Luxury Opposite Poverty

Coco Chanel Money Quote saying poverty has nothing to do with what is perceived as its opposite – luxury which is opposite – the vulgar. Coco Chanel said:
 

 

“Some people think luxury is the opposite of poverty. It is not. It is the opposite of vulgarity” — Coco Chanel

In this quote, Coco Chanel is distinguishing between the concepts of luxury and poverty. By stating that luxury is “not” the opposite of poverty but rather the opposite of “vulgarity”, Chanel implies that luxury is defined by refinement and good taste, not by conspicuous wealth or opulence alone.

The interpretation is that Chanel viewed luxury as epitomizing elegance, quality and understated sophistication through carefully curated items, rather than as a crude display of affluence through overt materialism. Her perspective conveys that true luxury stems from discerning aesthetics and craftsmanship, not from lavish spending itself.

Overall, the quote suggests Chanel believed luxury represented refined taste and discernment in fashion, not as the antonym of lacking money or being poor according to Chanel’s conception.

Birthday: 19 August 1883 – Death: 10 January 1971

Socrates: Contentment is Natural Wealth

Socrates Money Quotation saying there is nothing needed or desired when we are emotionally wealthy – content. Socrates said:
 

 

“Contentment is natural wealth; luxury, artificial poverty” — Socrates

In this quote, Socrates is contrasting the natural state of contentment with artificially created wants and needs. He argues that being satisfied with what one has is a form of true wealth, while constantly desiring more luxuries despite already having enough leads to an artificial feeling of poverty.

Socrates suggests that learning to appreciate life’s basic blessings results in inner prosperity, whereas pursuing an endless array of comforts and indulgences breeds a sense of lack.

His view is that wealth begins from within by adjusting one’s perspective and expectations, rather than through acquiring ever more possessions.

Overall, Socrates sees contentment with little as a natural form of wealth, while the desire for luxury creates a poverty of spirit.

Birthday: c. 470 – Death: 399 BC