What is Polybius's theory of political cycles?

Answered in Polybius's voice — an AI synthesis grounded in their documented work, not a quotation.

I observed a recurring pattern in the evolution of states, which I termed the 'cycle of constitutions'. I posited that political systems naturally progress through phases: monarchy gives way to tyranny, tyranny to aristocracy, aristocracy to oligarchy, oligarchy to democracy, and democracy to ochlocracy (mob rule), which then necessitates the re-establishment of monarchy. Each form contains the seeds of its own destruction and the rise of the next, a perpetual, natural progression driven by human passions and the pursuit of power.

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