I believe Monarchy can persist into the modern world.
Some might say, that the institutions backing royalty, like the Church, have lost confidence in their wisdom.
Yet even if we have monarchy without Christian crowns, and return to this Caesarism, re-introduced in the Fascist and DPRK Leader principle, or in secularized dictatorships as one-man rule and hereditary dynasties, Monarchy can persist the monarchical form of one person in States well into Modernity with these political ideologies and totalitarianism instead of theocracy. Even if people believe in the Dr. Fauci and the Science now. Yet there are still traditionalist regimes with monarchy well into the current year as well and other examples of modern regimes.
And I'm not saying the age-old Victorian ideal of constitutional monarchy, but the pre-eminent ideals of Monarchy – may persist into Modernity.
>what about feudalism and landholding elite – isn't Monarchy tied to this?I wouldn't say so, because while the doctrine of the lord of all goods and distribution of lands was associated with feudalism, and replaced with industrialism, the sovereign power also accounts for the distribution of money which is responsible for the transfer of commodities and capital. It is true that monarchies with great power also tend to be those with great wealth (like Saudi Arabia or Thailand or the little monarchies). Those with wealth have power to provide and gain obedience of people and retaining monarchical power. Although Hobbes says the public shouldn't be dieted in a monarchy to only his own assets and estates, but tax and rely on the distribution of funds from the entire land and people, a monarchy having a lot of wealth helps and can even be done without being a staple lordly monarchy, but even with public institutions and assemblies in other royal monarchies. The palace economies do persist into the modern day.
>what about socialism?In socialism, isn't masterly power usurped rather than abolished? In North Korea, for example, they say the people are masters. –Masters, still. The ordering of the State under democratic centralism still resembles that relationship of sovereign power in the State – the bourgeois corporate State is hijacked and replaced with a proletarian kind, retaining the functions of the previous State in many ways, retaining the State / Republic, which can account
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