The Monarchy combines government and private as one as the key component of empire.  The government anoints and provides the military forces to aid the private financiers to loot the resources throughout the world, ergo, The British Empire upon which the Sun never set.  Continues to this day as the British Monarchy aided and abetted by U.S. military continues to serve the financial interests of global capitalism predominately the Oil Monopoly.  The British conquered the Middle East and its oil resources until after WWII when the empire ceded the responsibility to the U.S.  They just rake in the profits without the military expenses.  The only thing stopping the British from conquest of the Arctic in total was the natural forces of ice and cold.