>>17773895 (OP)There can be good individual kings sure. But there is no guarantee his successor will be competent, although there usually was a degree of safeguards to prevent mentally challenged rulers from doing anything, although the lack of an actual authority in itself is a problem. Kings usually operated to benefit themselves, mostly because they were not really beholden to anybody other than magnates who shared far more in interest with the monarch than normal people did. Feudal monarchies had far less care for common people due to this and magnates actively strangled any growing middle class until they grew too large.
Monarchy in investing supreme authority to a single person is more arbitrary, unstable and often less competent than a more council government like the Roman Republic was or modern parliament democracies. Of course there does exist highly competent monarchs which enact positive sweeping reforms but such things can also emerge from democracies and have. Modern dictatorships are essentially the new form of monarchies today, they have all the same power and act in the same way, the only difference is they are far more dependent on popular support than a monarch is