Can democracy exist as a permanent form of government?

Published on by Sevi Fattahpour

 

"Democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largesse out of pulic treasure. From that moment on, the majority always votes for the candidate promising the most benefit from the public treasury, with the result that democracy always collapses over a loose fiscal policy, always to be followed by a dictatorship, and then a monarchy"

 

Alexander Tytler

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