Is the market place of ideas not a key foundation of democratic thought; why would you want to limit it? And if the people are wise enough to decide their government like democracy argues, then would it not be anti-democratic to deny people a monarchy if that is their wish?

Is the market place of ideas not a key foundation of democratic thought? Why would you want to limit it? And if the people are wise enough to decide their government like democracy argues, then would it not be anti-democratic to deny people a monarchy if that is their wish?