Mr. Paine was talking about hereditary monarchy, but he could as well be speaking of hereditary oligarchy, the condition toward which the U.S. is headed like a rocket on rails thanks to corrupt legislative and judicial branches and a cowardly executive (not to mention a bought-and-paid-for N.C. General Assembly, which just abolished the estate tax):
But it is not so much the absurdity as the evil of hereditary succession which concerns mankind. Did it ensure a race of good and wise men it would have the seal of divine authority, but as it opens a door to the FOOLISH, the WICKED, and the IMPROPER, it hath in it the nature of oppression. Men who look upon themselves born to reign, and others to obey, soon grow insolent. Selected from the rest of mankind, their minds are early poisoned by importance; and the world they act in differs so materially from the world at large, that they have but little opportunity of knowing its true interests, and when they succeed in the government are frequently the most ignorant and unfit of any throughout the dominions.