But this is of course palpable nonsense. The entire point of kings and aristocracy was to formalise the notion that the de facto elite was in fact a class of people so superior to everyone else as to render the notion that they should be held accountable for their actions by mere commoners as laughable. The difference between a king and a president isn't that the latter's status as an elite is more ambiguous, but that the president has some semblance of accountability to the public whereas with the king, it's a case of the public being accountable to the king.