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47 pages 1 hour read

George Samuel Clason

The Richest Man in Babylon

Nonfiction | Book | Adult | Published in 1926

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Chapter 5Chapter Summaries & Analyses

Chapter 5 Summary: “Meet the Goddess of Good Luck”

Clason claims people have a universal desire to experience good luck, and raises the question of if, and how, a person can attract luck. When men in ancient Babylon had questions, they went to the Temple of Learning, where teachers volunteered their knowledge for anyone who wanted to learn. Clason claims that this informal school was open to men of all classes who could question and debate what they learned. Arkad is one of these teachers.

A student asks Arkad how he can become lucky. The men discuss their poor luck at gaming tables where they pray to the Goddess but rarely win. Arkad shares that the Goddess does not pay attention to trivial matters like gaming, but instead wants “to aid those who are in need and reward those who are deserving” (39). As such, Arkad says that the men will find the goddess in “places where the doings of men are more worthwhile and more worthy of reward” (39).

Arkad explains that people are more likely to be “lucky” and make a profit from their honest work, rather than at the gaming tables where “the chances of profit are always against him” (39). He goes on to logically analyze how often the gamekeepers win and the game’s players lose, telling the men that their chances of winning are low. He builds on this idea to point out that the wealthy men he knows did not become successful through gambling.

One older man stands and shares a story about failing to invest his income in a profitable scheme as a young man. He now regrets that he “did permit good luck to escape” (41). Another man tells a similar story of how he passed up the opportunity to buy a large flock of sheep for a very good deal but felt unprepared and procrastinated in his decision making. He also regrets allowing such a great opportunity to bypass him. The men ask a merchant how he confronts procrastination. The merchant admits that he had to “recognize and conquer” procrastination in his younger years, and that it was “ever watching and waiting to thwart my accomplishments” (44).

Arkad agrees that procrastination is a major enemy of success and asks the men how they view good luck in light of their conversation. The weaver, who asked about how to attain good luck, now feels that “to attract good luck to oneself, it is necessary to take advantage of opportunities” (45). Arkad agrees with this assessment and urges his listeners to be “men of action” who act decisively when they are presented with opportunities (45). Clason ends this passage with the statement, “Men of action are favored by the goddess of good luck” (45).

Chapter 5 Analysis

In this chapter, Clason invites the reader into a new aspect of ancient Babylonian life: the Temple of Learning. The author acknowledges that his notion of the Temple of Learning is not informed by historical research, as he claims that “you will find scant mention of it in the history books,” but he envisions it as a place where men of different classes were able to interact and debate (37). The temple is an idealized space in which “The humblest of slaves could dispute with impunity the opinions of a prince of the royal house” (37). The author reintroduces his character Arkad as a “wise rich man,” and builds on his narrative in Chapter 4 as Arkad continues to provide advice for his students (37).

The author continues to use antiquated language in this chapter in order to emphasize the ancient culture he is portraying. He uses the concept of a “good goddess” of luck to capture how Babylonians may have conceived of good and bad fortune (39). While the author never explicitly inserts modern thinking into his story, Arkad emphasizes how people’s actions mostly inform whether they are “lucky” or “unlucky.” This allows Clason to find some balance between acknowledging the superstitions people in Babylon may have had about luck while also providing actionable advice for the reader.

Arkad’s lessons help Clason expand his theme of the roles of hard work and accountability in financial success. The author analyzes how little chance people have of successfully gambling their way to wealth and instead encourages them to apply themselves to “honest trading,” “occupations” and “transactions” (39). The author then reflects on the role of procrastination in financial planning. By providing examples of how procrastinating can contribute to lost opportunities—and therefore lost wages—Clason encourages the reader to consider taking initiative early rather than risking having an opportunity to pass as a key part of their financial discipline.

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