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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 6 2013: Adam. Thoughtful question. What stage do you feel we are in.....assuming the cycle is accurate?
    • Oct 6 2013: I feel that our government is currently somewhere near the end of the cycle stuck in dependacy, because we as the united states of america can not function without other nations buying our debt ( kind of a scary thing) I don't believe we are the top of the food chain anymore and haven't been for a while but how long can we hide that from the rest of the world?
      • Oct 7 2013: But the government, in a democracy, should be reflective of the people. What would you say, using the model you cited, is the state of the American people as a whole? Do you believe our government accurately reflects and represents its foundation, the people?

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