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“History suggests that even in a full democracy, the risk that the 5,000 will dominate is much greater than the threat that the 5,000,000 will expropriate the 5,000.” — David Stasavage
History suggests that even in a full democracy, the risk that the 5,000 will dominate is much greater than the threat that the 5,000,000 will expropriate the 5,000.