They exist in liberal democracies as well as in autocratic regimes. They hire the dimmest and the most mediocre. In the end, he opted for one based on imperial glory and an archaic set of thinking. They may practice what scholars call "negative selection." They don't hire the smartest and best people. Any dissent is taken as a personal affront. Autocracy is a system of government in which absolute power over a state is concentrated in the hands of one person, whose decisions are subject neither to external legal restraints nor to regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'tat or other forms of rebellion ). They often personalize power so they are the state, and the state is them. That ruthlessness makes them aware others may be more ruthless and manipulative, so they become paranoid and despotic. People rise through autocracies by ruthlessly serving the organization, the bureaucracy. Organization man turns into gangster man. Given the chance, talented people will go where fulfillment lies. Bloomberg reports, "The effects of the brain drain in sectors such as education, health care and even finance will likely be felt by residents for years to come." American institutions now have nearly as many top-tier AI researchers from China as from the United States. The American ambassador to Japan, Rahm Emanuel, points out that Hong Kong is suffering a devastating brain drain. So many of the best and brightest are now fleeing Russia. An Autocratic Monarchy can reform into one of the more.
Autocracies restrict freedom for the sake of order. Settled and Federated Tribes can reform into either an Autocratic Monarchy or a Democratic Republic.
The liberal ideal is that people should be left as free as possible to construct their own ideal. Rome though was not a democracy, a simple regime governed only by the people. This column compares the impact of political institutions in Germany and Russia on corporations pre-WW1 to isolate the impact of political and economic openness, as the two countries were similar in other characteristics such as their autocratic political. One key channel is through the impact on industrial activity.
Human beings these days want to have full, rich lives and make the most of their potential. Does liberty then merely serve the end of glory, or has Machiavelli. Political institutions have important implications for economic growth.