The thing of the hobbits is that they completely ignore macropolitics. As well as I remember, they have a patriarc (the older one) that is like their king, but its function is just symbolic. They have as well a police structure, but as all of the other things, its just symbolic too. I could say they live in a pseudo-anarquist society (the morality of relations with each other is just indiferent with dominion and violent autority) with a juridic mask of monarchy, wich is really interesting. At the end, it doesnt follow the contemporary anarchists doctrines. But the meme is just hillarious, and i would add that, among an anarchist society, they are a society of stoners kkkkkkk