1778

Sep 23, 2008 14:08

“A democracy cannot exist as a permanent form of

government. It can only exist until the voters discover that they can vote themselves

money from the public treasure. From that moment on, the majority

always votes for the candidates promising the most money from the public

treasury, with the result that democracy always collapses over loose fiscal policy

followed by a dictatorship. The average of the world’s greatest civilizations has

been two hundred years. These nations have progressed through the following

sequence: from bondage to spiritual faith, from spiritual faith to great courage,

from courage to liberty, from liberty to abundance, from abundance to selfishness,

from selfishness to complacency, from complacency to apathy, from apathy to

dependency, from dependency back to bondage.” -- Alexander Tyler, 1778
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