> feudal power structures are no way to organize 21st century business
The efficiency gains and - more importantly - resiliency gained by having a single leader with a strong vision are enormous and the reason a single ruler is so prominent among humans. Democracy is weak to balkanization and demagoguery.
That being said the real issue here is corrupt elites - which no system can fix. The blast radius from a bad ruler is much worse than bad actors amongst a democratic system, but the potential gains from a single ruler are much higher.
The efficiency gains and - more importantly - resiliency gained by having a single leader with a strong vision are enormous and the reason a single ruler is so prominent among humans. Democracy is weak to balkanization and demagoguery.
That being said the real issue here is corrupt elites - which no system can fix. The blast radius from a bad ruler is much worse than bad actors amongst a democratic system, but the potential gains from a single ruler are much higher.