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Entering the final stage of a democracy
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Sarah Houston
Sep 23, 2008, 3:58:23 PM9/23/08
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"A democracy cannot exist as a permanent form of government. It can exist
only until the voters discover that they can vote themselves largesse (
gifts ) 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 Fraser
Tytler (later Lord Alexander Fraser Woodhouslee), in "The Decline and Fall
of the Athenian Republic," published 1776.
only until the voters discover that they can vote themselves largesse (
gifts ) 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 Fraser
Tytler (later Lord Alexander Fraser Woodhouslee), in "The Decline and Fall
of the Athenian Republic," published 1776.
Sound VERY familiar?
Stopping the motor?
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