"A Democracy cannot exist as a permanent form of Government. It can only exist until the voters discover they can vote themselves largess out of the public treasury. From that moment on the majority always votes for the candidate promising the most benefits from the public treasury with the result that Democracy always collapses over a loose fiscal policy, always to be followed by a Dictatorship and a Monarchy."
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Original Language: English
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Alexander Fraser Tytler, as attributed in Michigan Courthouse Review vols. 10–11, 1951
https://en.wikiquote.org/wiki/Democracy
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Democracy
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