Ralph Waldo Emerson Quotes
Wealth and poverty are seen for what they are. It begins to be seen that the poor are only they who feel poor, and poverty consists in feeling poor. The rich, as we reckon them, and among them the very rich, in a true scale would be found very indigent and ragged.
Emerson, Ralph Waldo. "Domestic Life." Society and Solitude, Fields, Osgood, & Co., 1870, p. 122.
One dramatic example of this principle is that India at the end of the 20th century had more billionaires than the United States did.
Ralph Waldo Emerson, who went by his middle name Waldo, was an American essayist, lecturer, philosopher, abolitionist and poet who led the transcendentalist movement of the mid-19th century. He was seen as a champion of individualism and a prescient critic of the countervailing pressures of society, and he disseminated his thoughts through dozens of published essays and more than 1,500 public lectures across the United States.