I still consider myself a paleo-libertarian, but I also realize that true and consistent respect for property right leaves no alternative but monarchy as a just form of social organization (*). Of course, monarchy cannot grow out of nothing: a robust feudal society, where local power is contractual rather than appointed or elected is necessary before a monarch can emerge. A dominant Christian religion is likewise necessary.
Needless to say, neither feudalism or monarchy has anything to do with ideological authoritarianism, let alone totalitarianism. Whatever the king does not own, — and outside of his personal property he owns the national infrastructure, — is owned by a private individual. The royal power is authoritarian only in the sense that it is not elected, and thank God for that.
I haven’t read Arendt, and am not likely to read it in the future.
No thanks.