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What is meant by speaking thus of favour and disgrace?

Books: THE TAO AND ITS CHARACTERISTICS

What is meant by speaking thus of favour and disgrace? Disgrace is
being in a low position (after the enjoyment of favour) The getting

that (favour) leads to the apprehension (of losing it), and the losing

it leads to the fear of (still greater calamity):--this is what is

meant by saying that favour and disgrace would seem equally to be

feared



And what is meant by saying that honour and great calamity are to be

(similarly) regarded as personal conditions? What makes me liable to

great calamity is my having the body (which I call myself); if I had

not the body, what great calamity could come to me?



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