It appears to be a ideal commune without class structure when you are only showing the heirs of the most powerful class leaders with the only working class hobbit being subservient to the richest.
That was a fascinating read, thank you for sharing! The fact that Tolkien's world can be analyzed to this degree and still make sense is absolutely mind boggling to me.
The Thain was the nominal Head of State for the Shire, and had the authority to summon the moot and muster in times of emergency, but this was mostly ceremonial, given the lack of emergencies.
the so-called political compass as a concept is stupid, but taking it at face value, how are dwarves economically on the left? they work to death in mines and love gold.