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Forum Post: A Little Historical Context

Posted 2 years ago on Oct. 10, 2011, 7 p.m. EST by zsteindam (2)
This content is user submitted and not an official statement

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 due to loose fiscal policy, which is always followed by a dictatorship. The average age of the world's greatest civilizations from the beginning of history has been about 200 years. - Alexander Fraser Tytler (1747 - 1813)

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[-] 1 points by looselyhuman (3117) 2 years ago

Because at this stage in our history, that's precisely what the people have been doing, a fact made clear by these statistics: http://occupywallst.org/forum/top-10-now-controls-70-of-the-entire-nations-wealt/

[-] 1 points by beardy (282) 2 years ago

When the people find that they can vote themselves money, that will herald the end of the republic. - Benjamin Franklin