David Friedberg

I don't think democracies end with a bang.

I don't think democracies end with a bang.

I think they end with a whimper.

I think they end with a whimper.

And I think that's been the case historically.

And I think that's been the case historically.

And, you know, no democracy has lasted.

And, you know, no democracy has lasted.

Our democracy in the U.S.

Our democracy in the U.S.

has lasted longer than

has lasted longer than

than many.

than many.

Democracies ultimately enable freedom of operation and free markets that result in greater progress than any other governing system.

Democracies ultimately enable freedom of operation and free markets that result in greater progress than any other governing system.

The problem with progress is that progress is asymmetric.

The problem with progress is that progress is asymmetric.

You have some people who progress at a much greater rate than most, and it is that delta that motivates the end of that system ultimately.

You have some people who progress at a much greater rate than most, and it is that delta that motivates the end of that system ultimately.