The purpose of this essay is to read Philebus based on three central themes – The Soul dialectic, the esoteric elements and some ethical problems, as well as to seek a comprehensive interpretation, rather than investigating, analyzing and interpreting individual concepts. Some questions that the essay aims to follow up are: 1) how can the dialogue on desire and rational knowledge highlighting Plato's ideas about the good life? 2) What are Plato’s real messages in the exposition of the good life? 3) Why are ethical questions related to esoteric elements of Plato's dialogues, and in general? The method is a reading between the lines; a hermeneutic interpretation process. Some patterns and contradictions were discovered during the reading, which shows an overall seemingly contradiction between ethics and metaphysics, but which with the the perspective of the dialectics be possible to reconcile. The final interpretation focuses on three concepts from Plato's own ranking of the good; beauty, proportion and truth. Together they constitute the good life in which pain plays an important role. Furthermore, it is possible to reach in Philebus about the good life, and the messages that one should always be true to oneself and to live modestly and always weigh reason to desire and choose wisdom. The ethical problems are both hidden in the shadows and elusive in Plato's dialogues, which can be a result of caution, but also a fear of losing oneself. Plato´s thinking is consistently dialectic, which is in this essay best illustrated by the allegory of the Cave.