Democracy

"A democracy cannot exist as a permanent form of
government. It can only exist until the voters discover
that they can vote themselves largess from 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 to bondage.
-- Alexander Fraser Tytler (1742-1813)