Steady Stoic
Daily lesson · Week 92 · Thursday · Morning

Wealth and Possessions

This week you are going to work through one of the most practically charged questions in Stoic life: what to do with wealth and possessions. The passages move you from a careful first principle (neither dismiss money nor be ruled by it) through the logic of ownership, freedom, and genuine goodness, arriving on Saturday at a precise technical distinction that changes how you relate to everything you own. Each day builds on the last, so take the reflections in order.

Passage

A man ought to treasure none of these things, which does not fall to a man's portion qua man. They are not requirements of a man, nor does man's nature profess them, nor are they accomplishments of man's nature. Accordingly man's end does not lie in them, and certainly not the good which is complementary to his end. Moreover, if any of these were given as his portion to man, it would not have been his portion to disdain them and to resist them, nor would the man who made himself independent of them have been laudable nor the man who took less of them than he might, have been good, if they were really 'goods'. But as things are, the more a man robs himself of these and other such, the more he forbears when he is robbed of them, so much the more is he good.

— Marcus Aurelius, Meditations V.15

Reflection

Marcus takes the week's logic one level deeper by asking what actually belongs to a human being as a human being. His argument is not that wealth is bad but that it is not constitutive of what a person is. A man does not need it the way he needs the capacity for reason or choice. And here is his sharpest move: if wealth were genuinely good for humans, the person who voluntarily took less of it could not be praised. But we do praise that person. That praise is itself evidence that the goods of wealth are a different category from the goods of character.

Go deeper

Marcus says the more a person voluntarily gives up of these things, the more that person is good: think of someone you genuinely admire, and ask yourself honestly whether your admiration has anything to do with what they own or whether it is entirely traceable to something else.

Practice

The Admiration Audit

About 8 minutes

Write down the name of three people you genuinely admire, from your own life or from history. Next to each name, list the specific qualities that produce your admiration. Then ask: does any of those qualities depend on their level of wealth or possessions? Spend five minutes examining whether the things you aspire to in others are things that wealth could produce or prevent.