1. In the name of Allah, the Most Gracious, the Most Merciful.
2. The race for (an increase in) wealth distracts you
3. until you visit the graves.
4. But no! You will soon know!
5. Again, You will soon know!
6. No! If you only knew with knowledge of certainty...
7. You will certainly see the Furnace.
8. Then you will certainly see it, with the eye of certainty.
9. Then, surely, you will be questioned that day about the delights (which you used to enjoy on this earth).
This chapter, Surah At-Takaathur (Ch.102) - Cupidity (i.e., the desire to have more and more) contains a warning to those who wish to possess everything, those who like to accumulate wealth.
Verse 2: ‘Alhaakumut-Takaathuur - The race for (an increase in) wealth distracts you;
This fanaticism to acquire wealth and to increase one's fortune, position, the number of one's adherents, disciples or supporters, mass production or organization, affects not only one person but Societies and Nations.
What is called 'monopoly' (i.e., the restricted control and management of a thing only by a person who wants to control everything; monopolization) is forbidden and is against morality. Monopoly favours the exploitation of the public. This situation will get worse if people follow such a person, i.e., the monopolist (in respect to the power and wealth/ riches of this lowly world). When monopoly sets in, there is competition. Such a competition surges by others in order to gain access to (and share in) this wealth.
Therefore, when there is such competition for more wealth, it occupies the attention of that person (who is worried about maintaining his monopoly on wealth against his competitors) and then forgets he to do things of much more importance, i.e., prayer, good conduct, etc. It is for this reason that in this verse a clear warning has been given from a spiritual point of view.