Undermining the democratic legitimacy of the state perfectly OK with elites if it means preserving financial marketshttps://twitter.com/felixsalmon/status/746783452515565568 …
Monarch retains sovereignty. The tweet was slightly tongue-in-cheek but it does represent who formally wields power.
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I would not expect the Queen to ever wield royal prerogative in such a manner. But she theoretically has the power.
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