Ponzi Statism

According to Wikipedia...

"A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going."

If you replace the promise of cash returns for government "services" then the definition above doubles as the definition of a welfare state...

A Welfare State is a fraudulent investment operation that pays social services to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The welfare state usually entices new citizens by offering social services that are either abnormally efficient or unusually inclusive . The perpetuation of the services that a welfare state advertises and pays requires an ever-increasing flow of money from citizens to keep the scheme going.