I thought is was Alex De Toqueville
It’s Alexander Tyler:
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship.
The average age of the world’s great civilizations has been two hundred years. These nations have progressed through the following 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 Tyler
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, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.
Great nations rise and fall. The people go from bondage to spiritual truth, 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 dependence, from dependence back again to bondage.
Not Franklin, and there is no validated source for it. Exhaustive attempts to identify a source are detailed here:
http://www.lorencollins.net/tytler.html
http://jpetrie.myweb.uga.edu/poor_richard.html
pfl
Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. When the people find that they can vote themselves money, that will herald the end of the republic. They that can give up essential liberty to obtain a little temporary safety deserve neither safety nor liberty.
You will find variations of this quote going back to Plato.
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
Thomas Jefferson
I don’t know, but Margaret Thatcher said that the problem with socialism is that eventually you run out of other people’s money.