History has shown that form of government to be far less deficient than the opposite which would be a small band of highly educated technocratic leaders, which always ended in genocide.
>a small band of highly educated technocratic leaders, which always ended in genocide.
Exactly how many historical examples of that form of government are there? 1? 2? 0? If you're talking about Nazi Germany, I don't remember the Nazis being "highly educated", and in fact, they were known to throw the intellectuals in the gas chambers. Over in China, Mao was some kind of farmer, and not at all an intellectual. The Soviets were all about the "proletariat" (the workers), not the intellectuals. I seriously can't think of any real-world historical examples of a government of "highly educated technocratic leaders". Such people usually tend to shy away from government. The closest I can think of is probably modern-day China, and they haven't committed any actual genocide that I know of (maybe some oppression of certain groups, but that's not genocide, and almost every government is guilty of this to some extent).
Every non-democratic government has claimed some form of reason they alone are uniquely qualified to run the country, be it the socialist governments saying they are doing as science and reasoning guide them, or even the Nazis who likely had more PhD's in their government than any since.