[Philistone]

Lemme see if I understand the cycle:

Capitalists produce wealth. Demogogue comes in and nationalizes the wealth. Wealth disappears. Country spirals into poverty. Demogogue overthrown. IMF comes in to bail out country. Demands privatization of public companies. Capitalists come back and produce wealth. Demogogue comes in...

Etc. Etc.

[dfwgator]

Rinse. Lather. Repeat.

[Jaysun]

Capitalists produce wealth. Demogogue comes in and nationalizes the wealth. Wealth disappears. Country spirals into poverty. Demogogue overthrown. IMF comes in to bail out country. Demands privatization of public companies. Capitalists come back and produce wealth. Demogogue comes in...

May the circle, go unbroken, by and by Lord, by and by.....
That's it man. The demagogues are able to coast on the previously produced wealth for a little while. Then everything goes to sh*t. But then the good people refuse to give up their handouts, and the only way out is to hit rock bottom.