djl.

In modern times, the "monarchy" does provide a money-spinner for the Brits. Much of Britain's tourism is directed at their impressive aristocratic heritage. Look at the Queen's Jubilee - the plebs love it.

I note though that the opening ceremony was a celebration of the rise , through ingenuity and entrepreneurship, of the "middle-class" and the industrialisation of the Sceptred Isle - didn't see any celebration of the Aristocracy...

I believe it is the feudal sytem of UK which made great britain lose its superpower position after 20th century.
DJI,
I think it was this what changed everything just like in Australia.

The Labour Party is a centre-left political party in the United Kingdom, and one of the two main British political parties along with the Conservative Party. The Labour Party was founded in 1900 and overtook the Liberal Party in general elections during the early 1920s...