Democracy
Posted by M. C. on February 10, 2022
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.
– Alexander Tytler, Decline and Fall of the Athenian Republic
Leave a Reply