This quote suggests that insisting on equality of wealth, i.e., redistributing wealth so that everyone has the same amount, would not create prosperity for all. Instead, it would make everyone poor. There are a few reasons behind this perspective.

First, it considers the motivational factor. If everyone is guaranteed the same wealth regardless of their efforts, it might dampen the motivation to work hard, innovate, and take risks, which are key drivers of economic growth and prosperity. This could lead to a decline in overall productivity, resulting in less wealth to distribute amongst the population, thus making everyone poorer.

Second, it acknowledges the role of wealth inequality in driving economic growth. While excessive wealth inequality can lead to social problems, some level of inequality can stimulate growth. It can encourage competition, reward innovation and hard work, and provide capital for investments, all of which can contribute to wealth creation.

In today’s world, this quote can be seen in debates around wealth and income inequality, and the role of government in redistributing wealth. Some argue that policies like progressive taxation and wealth redistribution can reduce inequality and benefit society. Others, reflecting the sentiment of this quote, argue that such policies can discourage economic activity and harm overall prosperity.

In terms of personal development, this quote might be seen as a caution against the idea that success should be handed to us on a silver platter. Instead, it suggests that wealth and success are often the results of hard work, risk-taking, and innovation. It encourages individuals to strive for their own success, rather than expecting it to be given to them. It also stresses the importance of incentives in motivating people to achieve their best.