What happens when the party's over?

Bread & circuses are all very well, & the welfare state if someone can afford it, according to the best current liberal thinking (from moderate Left to moderate Right). Actually, not very well, for free money, or even the illusion of free money, has a terribly corrupting effect. Moreover, what begins as windfall, continues as contractual obligation. Tell people now that the party is over, & they won’t just thank you & go home. They will riot. 

Come the revolution