This quote is essentially saying that a state, or society, is fortunate when its citizens possess an adequate amount of property or wealth. In Aristotle’s view, a state thrives when its citizens are neither too rich nor too poor. When people have a moderate amount of wealth, they are less likely to be driven by extreme greed or desperation, which can lead to social unrest or corruption.

Aristotle’s philosophy suggests that a balanced distribution of wealth contributes to the overall stability and harmony of a society. It creates an environment where citizens can meet their basic needs and have the opportunity to pursue their personal and collective goals. This, in turn, fosters a sense of contentment and reduces the likelihood of social conflict.

Applying this idea to today’s world, it underscores the importance of economic policies that aim to reduce extreme wealth disparities. It suggests that societies should strive for a more equitable distribution of wealth and opportunities to ensure social harmony and stability.

In terms of personal development, this quote can be interpreted as a call to strive for a balance in life. Rather than obsessing over accumulating wealth, one should aim for a moderate level of material possessions that allows for a comfortable and fulfilling life. This balance can help to avoid the stress and dissatisfaction often associated with the relentless pursuit of wealth. It encourages us to value and find contentment in what we have, and to focus on personal growth and contribution to society.