Anonymous1688 Wrote:
Nov 28, 2012 10:36 AM
There is some wiggle room here because of historical differences, but the general concept is correct as far as human nature is concerned: "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." (attributed to Alexander Tyler, a Scottish history professor at the University of Edinburgh, 1887)