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A Warning from History: The Fatal Sequence and How Democracies Are Destroyed
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A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship.
- Attributed to Alexander Tytler Fraser
The Fatal Sequence
The world's greatest democratically governed civilizations have followed this sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From great courage to abundance;
From abundance to selfishness;
From selfishness to complacency;
From complacency to apathy;
From apathy to fear
From fear to dependency;
From dependency back into bondage;"
- Attributed to Benjamin Disraeli
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