This Is Poverty That’s Your Fault | No Shame In Needing Help
The Daily Stoic
Daily Stoic | Backyard Ventures
4.5 • 5.3K Ratings
🗓️ 16 June 2026
⏱️ 10 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
There is the form of poverty that is not having enough. But there was another form of poverty that Seneca talked about...
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Transcript
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| 0:00.0 | Welcome to the Daily Stoic podcast, designed to help bring those four key stoic virtues, |
| 0:07.8 | courage, discipline, justice, and wisdom into the real world. |
| 0:14.7 | This is poverty. That's your fault. There's a form of poverty that is not having enough, and this is a real |
| 0:22.0 | and a tragic problem, a stroke of bad luck, and often a social injustice. And it's a shame the way |
| 0:28.1 | that society looks down upon those who are struggling, as if it's always their fault, as if it says |
| 0:33.3 | anything about them as a person. But there was another form of poverty that Seneca talked about, |
| 0:39.1 | and in fact knew himself, and it was this form of poverty that was actually pathetic. |
| 0:45.0 | It's the poverty of wanting too much. All Seneca had to do was look around Rome to see it. |
| 0:51.4 | There's a famous story of a man in Nero's court who threw himself at the emperor's |
| 0:55.2 | feet, crying that he was down to his last million. My God, Nero replied, how can you bear it? |
| 1:01.9 | And sadly, this is a form of poverty all too common in the first world, perhaps even in your |
| 1:06.8 | social circles. People who make good money but spend it even better, whose appetites outpace |
| 1:12.8 | even their enormous incomes. In many cases, their poverty is self-inflicted, the result of |
| 1:18.4 | a lack of self-discipline, not so much of laziness, but of excess. And there are also |
| 1:25.2 | people whose poverty comes merely by comparison, although they have |
| 1:28.5 | quite a bit compared to others, they only have a little and thus feel poor. And both these forms |
| 1:33.8 | are not only pointless and irresponsible, but they are an insult to the people who actually are |
| 1:37.6 | struggling. They're an insult to the people who have the misfortune of not being worn into money, |
| 1:42.0 | or not working in an industry where fortunes are more |
| 1:44.3 | readily made. And it's an insult to philosophy, too, as Marx Reelis reminds us, because there is so |
| 1:50.2 | little actually needed for a good and a happy life. Poverty because of where you're born or what's |
| 1:56.1 | happening in the world is tragic. Poverty because you are entitled and reckless and envious and insatiable, |
... |
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