Those for whose sake we desire kingdom, enjoyments and happiness, they stand here ready for battle, abandoning life and wealth

Arjuna’s logic is circular and tragic. The yeṣām (those whose) — his relatives — are precisely for whom a kingdom would make sense. But they are avasthitāḥ (ready, disposed) in yuddhe (battle), ready to tyaktvā (abandon) prāṇān (vital breaths, life) and dhanāni (wealth).

The verb kāṅkṣitam (desired) contrasts with the kāṅkṣe of the previous verse: he denied desire before, now recognizes the desire was for them. The war annuls its own reason for being.

The ca (and) final that connects life and wealth is brutal: in the economy of karma, both are lost simultaneously.