Nature's laws punish sinlessly; only Vaishnavas' compassion can save fallen souls from maya's severe torment.Listen — Srila Prabhupada Uvaca
Prabhupāda: Oṁ namo bhagavate vāsudevāya. [devotees repeat] Śrīmad-Bhāgavatam, Canto Six, Chapter One, verse number six. [leads devotees in chanting] adhuneha mahā-bhāga yathaiva narakān naraḥ nānogra-yātanān neyāt tan me vyākhyātum arhasi [SB 6.1.6] [02:02] Adhunā—"right now"; mahā-bhāga—"O the most fortunate." Parīkṣit Mahārāja is addressed as mahā-bhāga. Mahā means great, and bhāga, the same bhaga, from the word bhaga, bhāga.
Bhagavān and bhāgyavān, mahā-bhāga—these terms are applicable to the very, very great fortunate, opulent. Actually Bhagavān, this word is applicable to Kṛṣṇa. Therefore in the Bhagavad-gītā you will find, whenever Kṛṣṇa is speaking, Vyāsadeva has written, śrī bhagavān uvāca. Real Bhagavān is Kṛṣṇa.
Kṛṣṇas tu bhagavān svayam [SB 1.3.28]. Everyone has got little fortune, opulence, but nobody is comparable with Kṛṣṇa. Therefore in the śāstra it is said, kṛṣṇas tu bhagavān svayam: "Real Bhagavān is Kṛṣṇa," the supreme controller. Īśvaraḥ paramaḥ kṛṣṇaḥ sac-cid-ānanda-vigrahaḥ [Bs 5.1]. But if one has got little flavor of Kṛṣṇa, he is called bhāgyavān, not Bhagavān; bhāgyavān, fortunate. The word is coming from the same bhaga.
I have several times explained, bhaga means richness, bhaga means influence, bhaga means bodily strength, bhaga means knowledge, bhaga means beauty and bhaga means renunciation. Aiśvaryasya samāgrasya vīryasya yaśasaḥ śriyaḥ [Viṣṇu Purāṇa 6.5.74(1)]. And bhaga means reputation, fame. So these are the symptoms of bhaga. So Parīkṣit Mahārāja, although nobody can be equal to Kṛṣṇa...
Bhagavān means asamordhva: nobody is equal to Him; nobody is greater than Him. [Cc Ādi 4.242] That is Bhagavān. I am fortunate, you are fortunate, but we have got many equals and many greater than. But when you reach somebody where you find nobody is equal to Him and nobody is greater than Him, that is real Bhagavān.
This is a logical conclusion, who is Bhagavān. Nowadays so many rascals, they write "Bhagavān." That is blasphemy. If Bhagavān likes, such persons should be punished. But Bhagavān excuses.
That is another thing. So Bhagavān is Kṛṣṇa. Kṛṣṇas tu bhagavān svayam [SB 1.3.28]. Nobody should try to become equal to Him.