One of the great myths of the left is that socialism is a movement of the people, the working classes, or the poor. In fact -- as Frederick Hayek pointed out long ago -- all socialist movements are the creation of intellectual elites, liberally pollinated by millionaires. Karl Marx was the kept intellectual of factory owner Frederick Engels; Bill Ayers, a leader of the terrorist cult called the Weatherman, was a scion of the American upper class; Katrina vanden Heuvel, editor of The Nation, is a multi-millionairess; Michael Moore, leftwing propagandist, is a multi-millionaire who has profited handsomely from the...