The rise of the Ponzi class is the dominant political phenomenon of the 21st century. There has been the emergence of a new class structure in which the ruling Ponzi class are able to grasp ordinary peoples' monies and spend it on themselves and their pet projects. Ordinary people are impoverished. The old class structure against which the Left railed ever since the mid-19th century has been superseded by another. The clapped-out theories of classical...