A pony may live their entire life without giving a thought to the bodies that govern them, that shape and enforce the laws that they follow, that hold the peace against outside threats. I am not one of these ponies, and you shouldn't be, either. After all, isn't it just a bit prudent to understand the system you live in? Let me educate you with my first published report on politics: specifically, the aristocracy.
Headcanons abound, but this is all based on what we've seen in the show. It's not complex (intentionally), and I hope it's not boring, either. OC tag is for the unnamed author.