Quote by Adam Smith
With the great part of rich people, the chief employment of riches consists in the parade of riches.
Summary
This quote suggests that for wealthy individuals, one of the main purposes of having wealth is to show it off. Instead of utilizing their riches for more meaningful or impactful purposes, they tend to prioritize displaying their wealth to others. It implies that for many wealthy individuals, the possession of wealth becomes a symbol of status and importance, and they may prioritize materialistic pursuits rather than using their wealth to make a positive difference in society.
Topics
Wealth
By Adam Smith