Summary
This quote suggests that the true tragedy faced by impoverished individuals lies not merely in their lack of material wealth, but rather in their lack of ambition and dreams for a better life. It conveys the idea that poverty causes individuals to have limited hopes and aspirations, which may prevent them from seeking opportunities and improving their circumstances. In essence, it highlights how poverty can trap individuals in a cycle of limited possibilities and hinder their ability to transcend their disadvantaged situations.
By Adam Smith
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