I beg to differ. Humanity always creates some version of "Aristocracy" because people cannot help themselves.
It is the MONEYED/well connected people and the glitterati (celebrities) who are the "Aristocracy" nowadays.
We just don't normally call them that.
If we were talking about a much earlier time, here in America and across the Pond too, then we could include what was once THE 400 here and minor aristocracy in London. That no longer holds across the board.