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You are right. I too have a lot of sympathy for monarchy. It's definitely the superior system compared to what we have now, but there have been too many changes in culture, economy and technology. It's a thing of the past, you can't really bring it back. And it has been a thing of the past already during the times before WWI. Sure, there were many states that were de iure monarchies, but even back then the monarch was often just a representative figure. Apart from maybe Russia there was no country in Europe at that time that could be considered a traditional (=absolute) monarchy. Germany for instance had an elected parliament, a chancellor as the head of government and even though the Kaiser had more political power than the British King he wasn't an absolutist ruler and the constitution and the parliament limited his power.A lot of talk of monarchy here, but how would that work in modern times? I ask because I am ignorant on the topic, so correct me if I am wrong here. But as I understand it, in the past, the monarchy and the nobility had power as it was directly tied to land and agriculture. Sure, kingdoms had trade and colonies, but these were mostly important for projecting power outwards. But it was the land that gave them both domestic power and most importantly a profound connection to their nation and people. Then industrial revolution led to a new, wealthy merchant class which competed for power. What's more, the rise of industry caused deep societal instability that led to workers' revolutions and the rise of labor parties. Power shifted from land to industry: from the old guard with a deep sense of noblesse oblige, to a new guard who cared for nothing and no one except money. Plus, farming became mechanized, and even the population's attachment to the land became less and less.
In short, the rise of industry dissolved the ties that bound both people and rulers to a geographic location and to each other.
But in modern times, with multi-national corporations, big banks, the information age, people moving everywhere, along with only a tiny fragment of the population actually farming, how could it work? What would a new king and nobility possess that would actually tie them to a people, a land, a nation? I know that a new monarchy couldn't be like those past or come about by turning back the clock. It'd be a completely different animal. I guess it'd be more like a fascist dictatorship, but with crowns and orbs and scepters; the trappings of monarchy, but not really.
Overall, I am sympathetic to the concept, but I don't think about it much, as I try to focus on the practical. (Not to mention anything even remotely called monarchy would be utterly rejected in America.)
But for monarchists here, how would you envision a modern monarchy functioning?
And today all these countries like Sweden or Britain are technically republics/democracies, since the monarch is really just a representative figure. The only places were absolute monarchy still works are Arab or other third world nations, but this is going to change soon. They're already working on turning Saudi-Arabia into a Western state.