Shared ground
The speaker reports an observation “under the sun”: much visible productivity is not simply love of craftsmanship or service, but rivalry—people work hard because they cannot bear a neighbor’s advantage (v.4). The text explicitly labels that motive and its results as “vanity” and “striving after wind,” meaning exhausting and finally ungraspable.
The passage also refuses a simplistic alternative. It explicitly criticizes idleness: “the fool folds his hands” and ends up “ruining himself” (v.5). So the text sets envy-driven overwork and self-destructive laziness side by side as two failures.
Finally, it offers a comparative “better” saying: a smaller portion with “quietness” is better than a larger portion gained with toil and wind-chasing (v.6). The contrast is not between having and not having, but between sufficiency-with-settlement and accumulation-with-restlessness.
Where interpretation differs
One difference is what “achievement/right work” refers to in v.4. Some read it as “success” or “skill” (the result of work), so the point is that even admirable achievement is often fueled by competition. Others read it more morally (“right work”), so the warning is that even doing good can be contaminated by rivalry.
A second difference is how to take “ruins himself” in v.5. Some read it quite literally: refusing to work leads to real loss of provision and health. Others take it more broadly as self-consumption—living off what one has until it collapses.
A third difference is what “quietness” in v.6 emphasizes. Some take it mainly as rest (a less frantic life). Others take it mainly as inward contentment (being settled with enough). Both fit the comparison to restless toil.
Why the disagreement exists
The Hebrew wording can support more than one nuance for “achievement” (skill/success vs. morally “right”), and the images (“folds his hands,” “ruins himself,” “handful(s)”) are proverb-like and compressed. The passage also speaks observationally rather than giving a full moral system, which leaves room for readers to ask how far the critique extends.
What this passage clearly contributes
Explicitly, it identifies envy of a neighbor as a major engine behind labor and accomplishment (v.4) and declares that engine empty in the end. Explicitly, it rejects idleness as another destructive path (v.5). By inference from v.6, the passage commends a vision of “enough” that includes settled quiet rather than endless accumulation—suggesting that more gain can come with more futility when the pursuit becomes restless and competitive. See also the broader theme of “chasing after wind” in Ecclesiastes 1:14.