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All monarchies in history were based on lineage, i.e. hereditary power based on the pretense of a ruling class more apt for being in charge. There's no instance of a monarch that wasn't put into power by any sort of social institution of subjection to a royal bloodline, and in itself the principle of "blue blood" defines a group with special attributes.

Ergo no, not individual power.

An individualist would be one who asserts themselves regardless of the power structures they're into, with or without their legitimate social support (the moral order). And that, my friend, have failed at this basic anarchistic princple.