Neither a monorepo nor separate repos will result in people being disciplined. If you already have the discipline to do separate repositories correctly then you'll be fine with a monorepo.
So I guess it's six on one hand, half dozen in the other.
Dev's *like* to feel ownership of reasonably sized chunks of code. We like to arrange it in ways that is pleasing for us to work on later down the road. And once we've made those investments, we like to see them pay off by making quick easy changes that make users happy. Sharing a small codebase with three or four other people and finding ways to make each other's lives easier while supporting it is *fun* and it makes for better code too.
But it only stays fun if you have enough autonomy that you can really own it--you and your small team. Footguns introduced need to be pointed at your feet. Automation introduced needs to save you time. If you've got the preferences of 50 other people to consider, and you know that whatever you do you're going to piss off some 10 of them or another... the fun goes away.
This is simple:
> we own this whole repo and only this 10% of it (the public interface) needs to make external stakeholders happy, otherwise we just care about making each other happy.
...and it has no space in it for there to be any code which is not clearly owned by somebody. In a monorepo, there are plenty of places for that.