Unpopular take: monarchs have better incentive alignment than democracies.
Why?
Their legacy is their children's inheritance.
They think in generations, not election cycles.
Our democracy has leaders...
I think the incentives of a monarch are definitely the most enduring and aligned for the preservation of legacy. But I think Polybius’ concept of anacyclosis is a thing.
Monarchy gives way to Tyranny. Tyranny is overthrown by Aristocracy. Aristocracy gives way to Oligarchy. Democracy rises from Oligarchy. Democracy degenerates into mob rule. A strong ruler assumes a new Monarchy.
Monarchy gives way to Tyranny. Tyranny is overthrown by Aristocracy. Aristocracy gives way to Oligarchy. Democracy rises from Oligarchy. Democracy degenerates into mob rule. A strong ruler assumes a new Monarchy.
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