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Re monarchy. Because I technically live under a parliamentary monarchy in Canada, the logically correct distinction you make between absolute monarchy and diverse European democratic monarchies doesn't enter the picture as I see it. In my scheme, democratic monarchies are democracies pure and simple; and monarchies as equivalent to dictatorships are obviously absolute monarchies.

Does that help in terms of monarchies tending towards tyranny? Perhaps it would be better to say that under a monarchy, understood as hereditary, the people have absolutely no protection against the emergence from time to time of tyrants. So absolute monarchy is potentially tyrannical, and European history would suggest that potential is likely to be actualized with a certain amount of regularity. 

Re socialism, and freedom from tyrannical bureaucracy. From my perspective, and from within my scheme of things, the fear you raise reverts back to the cold war tendency to confuse governance and economy.