"Avarice is the vice of declining years"
About this Quote
Bancroft’s line lands like a genteel insult wrapped in moral diagnosis: greed isn’t just ugly, it’s timed. “Avarice” is old-fashioned on purpose, a word that carries biblical weight and social shame; it’s not ambition, not prudence, not even the American talent for making money. It’s money as clutching reflex. By pinning it to “declining years,” he implies a psychology of aging that’s less about appetite than about fear: the future is shortening, so possession becomes a substitute for control.
The subtext is also political. Bancroft helped popularize a providential story of the United States, where national character matures toward progress. In that worldview, avarice reads as a symptom of societies (and elites) losing faith in their own continuation. When a person is no longer building, they start hoarding. When a nation stops imagining expansion of opportunity, it starts obsessing over guarding what it has. The sentence quietly flatters the young republic while warning it: decline has a recognizable smell, and it’s not foreign invasion, it’s internal grasping.
What makes it work is the compression. “Vice” is categorical, almost clinical; “declining” is euphemistic but ruthless. Bancroft isn’t describing a quirky old miser; he’s sketching a late-stage moral posture. The line still scans today because it punctures a comforting myth: that accumulation is always rational. Sometimes it’s just the emotional habit of people who can’t bear the idea of less time, less relevance, less safety.
The subtext is also political. Bancroft helped popularize a providential story of the United States, where national character matures toward progress. In that worldview, avarice reads as a symptom of societies (and elites) losing faith in their own continuation. When a person is no longer building, they start hoarding. When a nation stops imagining expansion of opportunity, it starts obsessing over guarding what it has. The sentence quietly flatters the young republic while warning it: decline has a recognizable smell, and it’s not foreign invasion, it’s internal grasping.
What makes it work is the compression. “Vice” is categorical, almost clinical; “declining” is euphemistic but ruthless. Bancroft isn’t describing a quirky old miser; he’s sketching a late-stage moral posture. The line still scans today because it punctures a comforting myth: that accumulation is always rational. Sometimes it’s just the emotional habit of people who can’t bear the idea of less time, less relevance, less safety.
Quote Details
| Topic | Aging |
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