"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 from the public treasury with the result that a democracy always collapses over loose fiscal policy."

Evaluate this statement made more than 150 years ago by the Scottish philosopher Alexander Tytler. Indicate why you either agree or disagree.

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This famous quotation in democracy is given by Alexander Fraser Tytler who believed that pure democr... View the full answer