On Stoicism

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“The diseases of the rational soul are long-standing and hardened vices, such as greed and ambition—they have put the soul in a straitjacket and have begun to be permanent evils inside it. To put it briefly, this sickness is an unrelenting distortion of judgment, so things that are only mildly desirable are vigorously sought after.”

—SENECA, MORAL LETTERS, 75.11

The late 2000s financial disaster saw many smart, rational people lose a huge amount of wealth due to their own greed. They had knowledge of the system and the markets, but were still unable to prevent the market crash. It is important to look at how greed and other vices might be affecting one’s own life and to take steps to regulate them.

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