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On The Subject of Cycles
SRW
> "A democracy cannot exist as a permanent form of government. It can only
> exist until the voters discover they can vote themselves largesse from the
> public treasury. From that moment on, the majority always votes for the
> candidates promising them the most benefits from the public treasury, with
> the result that a democracy always collapses over a loss of fiscal
> responsibility, always followed by a dictatorship. The average of the
> world's great civilizations before they decline has been 200 years. These
> nations have progressed in 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."
>
> Written by Alexander Fraser Tytler in "The Decline and Fall of the
Athenian
> Republic" 1776.
>
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