Is the eternal kingdom reigned over by Jesus about trading one dictator for another?

In the context of the end times theology and the discussion of current events and One-world government (most opponents of the One-world government or "new world order" also happen to be very religious types), the story is that this secular one-world government will come to power but then Jesus will later come to abolish it and replace it with his own. I wonder how that will be any less controlled though.

Is the eternal kingdom reigned over by Jesus about trading one dictator for another?
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