Srimad Bhagavatam Canto 08, Chapter 22, Text 24

SB 8.22.24

sri-bhagavan uvaca
brahman yam anugrhnami
 tad-viso vidhunomy aham
yan-madah purusah stabdho
 lokam mam cavamanyate
 
Translation by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada: 
 
The Supreme Personality of Godhead said: My dear Lord Brahma, because of material opulence a foolish person becomes dull-witted and mad. Thus he has no respect for anyone within the three worlds and defies even My authority. To such a person I show special favor by first taking away all his possessions.
 
Purport by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada: 
 
A civilization that has become godless because of material advancement in opulence is extremely dangerous. Because of great opulence, a materialist becomes so proud that he has no regard for anyone and even refuses to accept the authority of the Supreme Personality of Godhead. The result of such a mentality is certainly very dangerous. To show special favor, the Lord sometimes makes an example of someone like Bali Maharaja, who was now bereft of all his possessions.
Srimad Bhagavatam Canto 08, Chapter 22, Text 23
Srimad Bhagavatam Canto 08, Chapter 22, Text 25