I think it was Thomas Jefferson who said something to the effect of, "In order to maintain a government that's free of corruption and properly functioning, it must be destroyed and rebuilt from the ground up once every hundred years or so."

The idea is, after enough time, the system will be bogged down by its own weight while corruption moves as quickly as it wants.

You're understating how big said single loop was. It follows that methods with mass adoption would be much more widely supported than more niche "single loop"s.