Benevolent dictatorship would be my preferred option. Run by a leader so rich as to be incorruptible and with only the best interests of his subjects at heart.
No one really wants democracy. You always end up with two teams of the same persuasion boring the crap out of you with lies and squabbling whilst pandering to rich friends. You just want the country to be run well.
Well, its a thought. Plato's Republic pushed the rule of the Aristocracy. Rather than explain it myself, I shall quote the rather well written Wikipedia section on it under the article "Plato's Five Regimes".
QUOTE-Aristocracy is the form of government (politeia) advocated in Plato's Republic. This regime is ruled by a philosopher king, and thus is grounded on wisdom and reason. The aristocratic state, and the man whose nature corresponds to it, are the objects of Plato's analyses throughout much of The Republic's books, as opposed to the other four types of states/men, that are studied primarily in Book VIII.
The aristocratic state that Plato idealizes is composed of three caste-like parts: the ruling class, made up of the aforementioned philosophers-kings (who are otherwise identified as having souls of gold); the auxiliaries of the ruling caste, made up of soldiers (whose souls are made up of silver), and whose job in the state is to force on the majority the order established by the philosophers; and the majority of the people (souls of either bronze or iron), who in contrast to the first two classes are allowed to own property and produce goods for themselves, but are also obliged to sustain with their own activities their rulers' — who are forbidden from owning property in order to preclude that the policies they undertake be tainted by personal interests.
The aristocratic man is better represented by Plato's brand of philosopher: a man whose character and ambitions have been forged into those ideal for a just ruler through a rigorous education system designed to train intellectuals that are selfless and upright, and whose souls have been made calm and aware of the absolute Good by learning the Truth based on the Platonic Ideas. Plato envisages for this philosopher a disposition and ability that makes him the ideal governor of any state precisely because his soul knows the Truth of the Good and he is therefore not only dedicated to establishing the Good in the state but is also incapable of desiring anything but the Good, for both the state and himself. For Plato, the knowledge of Good constitutes the happiest state possible in life, in comparison to which other forms of happiness —- material wealth, fame and power — are but shadows. Thus the man who knows the Idea of Good is not tempted to abuse power for his own gain; and, through his knowledge of the true virtues, is able to establish the ideal conditions for the citizens of his state to live the Good life.
In contrast to historical aristocracies, Plato's resembles a meritocracy or proto-technocracy of sorts. In it, a big government state keeps track of the innate character and natural skills of the citizens' children, and then directs them to the education that best suits those traits. In this manner, a child with a gold soul born to parents with silver, bronze or iron souls will not be held back by his inferior birth and will instead be educated to levels above his kin according to his golden qualities. Conversely, from parents with gold and silver souls, a child born with a bronze or an iron soul is educated to only the level earned by his natural aptitudes.-END QUOTE
That is what is ideal for me. I agree that democracy is one of the worst forms of government. I mean, all you have to do is observe the quality (or rather, the lack thereof) of the people who vote to determine who we are going to get elected to office. Its quite horrid, really.