For UsedtobeBlonde --- You may have re-read your original, but the wording is quite clear, even if you're now trying to excuse it.
I see my text got deleted, as being too caustic, but inequality - as quite a few have pointed out - has been with us for a very long time. IF the OP wants a Communist world where we are all 'equal' (which seems the gist of the sentiment, that "food banks" "one hat would pay" etc), then that is just cloud-cuckoo land. Almost everything could be seen as a waste of money if you try hard enough, ordinary folk should not go to Glasto, or Wimbledon, or Ascot, (etc many times over!), or even buy a box of chocs, but should instead buy something basic and donate the rest to a good cause.
Is the Royal Family a pointless extravagance, or do they do a passable job, maybe even make a small profit for the country? I don't pretend to know, but anyone wanting a more democratic figurehead should perhaps look at the likes of Chump, Mugabe, Cromwell and a few hundred of similar ilk and try to devise a better way?!