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Banned
While I quite agree with your evaluation of Nicholas and his wife (even the members of Romanov family considered her to be very bad in PR and unsuitable for the state affairs), it is probably only fair to remark that the non-monarchic regimes did not work too well either in post-revolutionary Russia and that the Provisional Government was a disaster and the SU was much more oppressive than the Russian monarchy. So what IS the well-performing government model for Russia?
The simple problem Russia has faced throughout its history is this: Reforming society is always, always, always one of the most dificults things a leader can do. For one thing, you are not always rewarded for reforming society, because you have to contend with angry elites who don't want their priveleges taken away, and angry revolutionaries who want more than what you promise.
Secondly, your reforms might do more harm than good.
And Russia is not alone in this.
In America, the end of slavery required a horrible, World War style conflict. And Lincoln himself would die with a bullet in his head because of the caprices of one angry Confederate sympathizer. While you can't condone the antebellum politicians for compromising with slavery, it is understandable why they would be hardpressed to deal with it.
In the second-half of the 20th century, the Democratic Party came to priortize the rights of its minority populations. And how were they rewarded? They were derpived of the once solid south. LBJ's own Texas Democratic Party would become a nonentity by the end of the 20th century, and he knew this too, despite putting all his legislative chops into the Civil Rights Act.
The Shah of Iran sought a secular society, but in the end, he pleased no one by being too secular for the clerics, too capricious for liberal reformers, and too out of touch for the common man.
Russia's history reflects how "reform" is always a slippery concept.
Ivan the Terrible wanted to reform Russian society. But living amidst the corruption of the boyars gradually warped his mind to the point where he killed his son in an argument.
Peter the Third wanted a more modern Russia, and he paid for it by being overthrown and cast in history as a selfish manchild, although there is some truth to those assertations.
Catherine the Great sought a more modern Russia, with more Enlightenment. But when those Enlightenment ideals led to the execution of a king, she was disgusted with the concept of modernity.
Paul I wanted to reform Russia's army, and was himself overthrown in a coup by his own son, who in turn would also try and reform Russia, only to turn away from liberalism after some Corsican upstart ravaged his country.
Tsar Alexander II wanted to reform Russia, and was rewarded with a bomb to the face. And Alexander III saw this as proof that liberalism was a poison.
Khrushchev wanted to reform Soviet society, and he found himself under house arrest and practically blacklisted and unpersoned from Soviet society.
Despite presiding over an era of stagnation, Brezhnev is well regarded in Russia for presiding over an age of stability.
His successor, Gorbachev, would try and reform this lumbering giant...only to be caught up between conservatives on one side, and reformists and nationalists on the other side. And in the end, Gorbachev would see the USSR crumble, and become heavily despised in his own country for destroying Russia's geopolitical power for the drunken incompetence of Yeltsin.
The tragedy of all of Russia's leaders is none of them have been able to properly thread the needle, and reform society in a way that benefits everyone.
Will the person after Putin be able to do this? Or will Russians find themselves longing for Putin one day?