Thursday, March 25, 2010

Why Democracy Will Fail

The British historian, Alexander Tytler, in his lifecycle of civilizations said,

”A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury. From that moment on, the majority always vote 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.”

How much longer do we have?

2 comments:

James Bromfield said...

Not much longer.

Grow goji berries, build an earth house, have a good survival knife and be happy.

James Bromfield said...
This comment has been removed by the author.