Rather, expressing a preference for anarchy or “unconstitutional” monarchy, but in his view they might not be mutually exclusive. Tolkien was not a fan of democracy, and he wasn’t shy about stating his reasons.
Here’s where you can find it. (PDF alert) I read every word. Would have gone twice that length, that’s how much I enjoyed it.
Soja had the link and an excerpt. Mike has both the PDF link and a text link, but at the latter the last few paragraphs are missing.