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 a democracy always
collapses over loose fiscal policy followed by a dictatorship.
The average age of the world's great 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.
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