In Herman Melville's "Mardi and a Voyage Thither," the quote reflects a profound desire for authenticity and depth in life. The speaker expresses a preference for experiencing the depths of existence, even if it leads to ruin, over a shallow existence marked by mediocrity or commonness. This sentiment underscores a yearning for meaningful experiences, no matter the risks involved.

The notion of choosing a complete failure over a mundane life suggests a strong valuation of passion and intensity. It speaks to the human spirit's struggle against conformity, advocating for daring pursuits that resonate with one's essence. Ultimately, Melville captures the complexity of ambition, as well as the acceptance of potential downfall in the quest for a life of significance.