Earlier quoted context omitted.
I really dislike this quote. It always comes across like it's designed to ease greedy people of their guilt for moving to the right as they earn more money. To me, being sound of mind is wanting everyone to have what you have, or at least an equal shot of getting there from wherever they had the roll of the dice of being born.
To interpret the quote charitably, I think it's more that age can come with an appreciation with the fragility of society, the recognition that it's a miracle it works at all, and a humility about how much and how rapidly a system can be changed without being destroyed.
I guess everyone familiar with US history should find the quote to be utter bullshit, then.
The American Revolution, Civil War, Emancipation Proclamation, 19th Amendment, Great Depression, WWII, and Civil Rights Act were all major upheavals in society that brought on rapid change.
A lot of people died prematurely, but a lot of lives were later extended or saved to balance that out somewhat, and the system surely didn't collapse.