I'd think so, except for the inefficiency of bureaucracy.
  Can't think of a stable government that doesn't also have mazes
  designed not only to keep people from excess growth, but also
  keeps powers in certain pockets here and there, to eliminate the
  possibility of any one small group of people gaining absolute,
  unbridled authority.
  Why?
  Those governments which *didn't* have "red tape" built-in to the
  scheme of government constantly fall apart over and over again.
  So, I'm not worried.
  They make it hard for each other to run the government so that
  someone's insane cousin Billy (or Cheng-Zhu) won't
  accidentally/purposely wreck everything.

  Even in stable dictatorships, they're surrounded by advisors who
  hide information from the dictator, so they can keep their bits
  of power and they function as their own kind of
  checks-and-balances system.