| ▲ | kergonath 3 hours ago | |
> the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. Except, of course, that this is historically wrong. Transitions from democracy to dictatorship are common, but I cannot think of one that happened because of "loose fiscal policy". | ||
| ▲ | hluska an hour ago | parent | next [-] | |
If the Central Intelligence Agency’s definition of ‘loose fiscal policy’ is good enough, Pinochet’s rise is a good example. | ||
| ▲ | tolciho an hour ago | parent | prev [-] | |
Athens spending like drunken sailors during the Peloponnesian War and the subsequent Oligarchical Coup d’Etat comes to mind. Or must the dictator be just one person and not a bunch of Orwell's pigs? | ||