Thailand is a kingdom - an constitutional monarchy. This means the king is only a figurehead, like Queen Elizabeth. The actual ruling is done via a democratically elected government. The current (2010) Prime Minister is Abhisit Vejjajiva, who was elected in 2008. The monarch in ''power'' is King Bhumibol Adulyadej, the world's longest reigning monarch, who has held the throne since 1946.
The royal family is held in high esteem by the people and one Thai law states, "Whoever defames, insults or threatens the King, Queen, Heir-apparent or Regent will be punished with 3 to 15 years imprisonment."
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Bangkok shares the national governmental system of Thailand which is a Parliamentary democracy and a Constitutional monarchy. This means Bangkok (and by extension, Thailand), has a Parliament which is run democratically, as well as a Royal family, both of which are governed by the Constitution.