"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."
In 1887 Alexander Tyler, a Scottish history professor at the University of Edinburgh ,
had this to say about the fall of the Athenian Republic some 2,000 years prior.
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."
In 1887 Alexander Tyler, a Scottish history professor at the University of Edinburgh ,
had this to say about the fall of the Athenian Republic some 2,000 years prior.
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