There is something about this guy I find annoying smug even though I agree with most of what he says here.
It is like what Alexis de Tocqueville, 19th century historian and early sociologist, famously never said:
"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy."
Anyway the pie graphs are nice.