So who is going to be your benevolent dictator? What happens when a benevolent dictator comes to power and you don't like what he is doing? I don't think you have thought this through.
It's like the matrix, you would rather live in a "blissful" lie. I would prefer to be free and know the truth.
You don't get it. Ultimately it doesn't matter what system you call it. It's what people make of it which matters. Is America under Bush and the neocons really free? You may assume so to your own and other people's peril. That's an even more "blissful" lie.
By definition a benevolent dictator is benevolent and does things for the benefit of his people. If he does things which people don't like he can hardly be called benevolent now could he?
Any system can be subverted, even democracy. Safeguards can be overridden by sophisticated means, ideas and lies by malevolent people acting in the very name of the liberties and freedoms they destroy to satisfy their own greed and lust for power.
You may not see it, but what America is doing today and has been doing since the Vietnam War is destroying this earth and its people. Well, we see it and we don't like it and we are dealing with it. Deal with it yourself!