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Democracy is and can only be a temporary form of government

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits the public treasury with the result that a democracy always collapses over lousy fiscal policy, 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 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."
Is this true?
Past dictates the future so will this happen?
Why? How? when?

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  • Oct 5 2013: I completely agree, butits just the possibility that any democracy giving the right amount or time has in the past fallen. Now we are in a more techonogicly, socially advances time so things are a lot different and that may or may not give america extra years but I'm just concerned that the democratic rule is either no longer really democraticdemocratic but rather republic as it was in Rome or will make the transition sooner than we think. And most don't pit much thought into this due to the mass feedings of conventional wisdoms.

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