Lol. Lmao.

I’m not exactly saying you’re wrong, this is just extremely naïve thinking.

The reason the power of monarchs was reigned in wasn’t because we didn’t like the idea of monarchs or absolute power anymore.

The power of monarchs was either usurped by the emerging bourgeoisie, or was given up because they were scared.

To do what you want, a different group or class would have to take the power from the current ruling capitalist class.

The options are:

Some sort of weird authoritarian government, which would basically just replicate the same economic class disparity.

Or, the working class taking the power from the capitalist class, in a non hierarchal organisational structure.