“A democracy cannot exist as a permanent form of
government. It can only exist until the voters discover that they can
vote themselves largess of the public treasury. From that time on the
majority always votes for the candidates promising the most benefits
from the public treasury, with the results that a democracy always
collapses over loose fiscal policy, always followed by a dictatorship.
The average age of the world's great civilizations has been 200 years.
These nations have progressed through this sequence: From bondage to
spiritual faith; from spiritual faith to great courage; from courage to
liberty; from liberty to abundance; from abundance to selfishness; from
selfishness to complacency; from complacency to apathy; from apathy to
dependency; from dependency back again to bondage.”