A democracy is always temporary

Wednesday, September 19, 2012 Francisco Carneiro 0 Comments

A democracy is always temporary in nature; it simply cannot exist as a
permanent form of government. A democracy will continue to exist up until
the time that voters discover that they can vote themselves generous gifts
from the public treasury. From that moment on, the majority always votes for
the candidates who promise the most benefits from the public treasury, with
the result that every democracy will finally collapse over loose fiscal
policy, (which is) always followed by a dictatorship

Alexander Tyler

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