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Rule of law is much more important to success and prosperity than fetishizing a mechanism to vote in the head of state. There has been many successful instances of prosperous monarchy in Iran and elsewhere throughout history. The rich Persian Gulf states are prosperous monarchies. Iran was too, a constitutional monarchy, uprooted by Islamic-Marxist ideology partially in the name of “social democracy,” as if that’s a virtuous goal. What they ended up is Mullah. Chaos and tyranny, as Hamilton and Adams would predict.