Hereditary monarchies are one of the worst forms of government in the world. Monarchies in the US get a pretty bad rap because of that. Elected monarchies, on the other-hand, are actually remarkably stable. The Roman Empire had its best run with an "elected" monarchy (Nerva --> Marcus Aurelius) but had terrible hereditary monarchies (Caesar --> Nero). The Republic of Venice would probably be the best recent example.
Hereditary monarchies are one of the worst forms of government in the world. Monarchies in the US get a pretty bad rap because of that. Elected monarchies, on the other-hand, are actually remarkably stable. The Roman Empire had its best run with an "elected" monarchy (Nerva --> Marcus Aurelius) but had terrible hereditary monarchies (Caesar --> Nero). The Republic of Venice would probably be the best recent example.