Historian Tom Del Beccaro identifies five key dangers facing the American republic, from runaway government spending to the erosion of public virtue.
In an era of heightened political division, Americans are understandably concerned about the threats to their democracy. However, the perceived source of that threat is often partisan. It's crucial to recognize the real risks facing the American republic, regardless of political affiliation.
Throughout history, no major country has ended with a balanced budget. Fiscal restraint has never been the reason for the decline and fall of civilizations. However, excessive government spending has often led to financial ruin. The Roman Empire's downfall was hastened by hyperinflation, and the German Weimer Republic collapsed in the 1930s amid runaway spending.
The Real Threats to American Democracy
Today, the U.S. government is running deficits in excess of $2 trillion annually, despite claims of a strong economy. Such unprecedented spending levels, in addition to massive money printing, have fueled inflation and impoverished millions.
Power tends to consolidate over time, especially in the hands of politicians. The Founders recognized this and established checks and balances among the three branches of government. They believed in the power of the individual states and wanted them to be the incubators of policy.
The Real Threats to American Democracy
However, with increased government spending comes increased power, which has consolidated in the federal government. As power centralizes, the freedom and power of the people diminish.
For most of history, economic and political power resided in the same individuals or small groups. With capitalism, wealth became more dispersed, separating economic and political power.
The Real Threats to American Democracy
However, in modern America, Big Government has enormous power compared to its citizens. It uses that power to make deals with large corporations and unions, influencing public policy far more than voters. This diminishes the power of the republic.
Throughout history, those in power have been determined to retain it, often resorting to extreme measures. In America today, government is a major industry, attracting significant wealth.
The Real Threats to American Democracy
Politicians and bureaucrats alike cling to their power, seeing any attempts to limit their authority as a threat. Consequently, they may use any means necessary to maintain their grip on power.
Edward Gibbon attributed the decline of the Roman Empire to the loss of public virtue, which he defined as patriotism. Romans became consumed by greed, corruption, and other vices that weakened their society.
The Real Threats to American Democracy
America is facing a similar challenge today. Too few view public service as a virtue, and political division and class warfare are rampant. This represents a significant risk to the republic.
While these challenges may seem daunting, American democracy is not doomed. History shows that people and leaders can rise to meet any challenge. True republics require the will of the people, which is stronger than any threat.
The Real Threats to American Democracy
