"The defect of democracy is its tendency to put mediocrity into power; and there is no way of avoiding this except by limiting office to men of "trained skill". Numbers by themselves cannot produce wisdom, and may give the best favors of office to the grossest flatterers. The fickle disposition of the multitude almost reduces those who have experience of it to despair; for it is governed solely by emotions, and not be reason. Thus democratic government becomes a procession of brief-lived demagogues, and men of worth are loath to enter lists where they must be judged and rated by their inferiors. Sooner or later the more capable men rebel against such a system, though they be in a minority. Hence I think it is that democracies change into aristocracies, and these at length into monarchies; people at last prefer tyranny to chaos."
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Will Durant, The Story of Philosophy: The Lives and Opinions of the World's Greatest Philosophers (1926)
https://en.wikiquote.org/wiki/Aristocracy
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Aristocracy
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