Niall Ferguson Blames Global Uprising On....Wait For It...

...GREEDY POORS! That's right, it's all the fault of those damned poors and their "entitlements".

What all the Indignant have in common is the refusal to address squarely the problem that nearly all Western countries face. That problem is that the welfare systems that evolved in the mid-20th century are unaffordable under the demographic and economic circumstances of the 21st century. The financial crisis has merely exacerbated what was already a severe structural crisis of public finance, boosting deficits while slowing growth.

No, asshat, that's not the problem.

The problem is that a miniscule minority of nouveau-robber-barons control such a gigantic portion of the world's wealth that it's destabilizing the entire system. It's what's screwing up the economy—since you can't have a functional economy without people who actually spend money instead of hoarding it—and it's those screwed-up economies that are responsible for the deficits that you're whinging about.

But, then again, whose interests do you think he's advocating? Money is speech, after all.