This is the classic pro/con argument about authoritarianism. Dictators suck but they’re extremely effective. Democracies move slower but embrace the desires of their citizens [1].
Are the Chebols desires aligned with the needs of the citizens? Well, they effectively run the country now and it’s fucking dystopic so I feel confident saying we should get them out.
Ideally, America is a great example of that going awry because (and I hope you don’t think this is too No True Scotsman-y) it isn’t effectively a democracy.