It's the same dynamic: a demagogue democratic government will buy voters the exact same way a tyrannical regime needs to keep its controlling structure alive. It ends up being the exact same kind of government spending for the exact same purpose: buying enough of the population in order to be able to subjugate and exploit the other part. In both cases, due to the unproductive nature of the strategies, both a democratic and a tyrannical regime end up needing to emit more and more to support an ever increasing controlling structure in order to keep control under an ever increasing economic crisis. It's the exact same death spiral every single time.