Yes, my country has a complex system of government which does not allow individual people to rule by whim.
Sure, there are elites with disproportionate influence.
The government cannot remotely be compared however to the roman empire, a feudal society, a fascist dictatorship, etc.
In other words, there are immense social and governmental problems, but it remains fundamentally a republic nonetheless.
Do you really believe that your country don't have snotty brat elite politicians who thrive on greed and corruption?
You make me laugh.
Never mind the fact that libertarians are just a bunch of weak ideologues who have no power anywhere on the planet, let along being capable of enforcing some kind of so-called elitist classist ideas about wealth allocation.