"Where has the class analysis gone?"

It has joined other tedious, outdated theories in the dustbin. This is not to say that poverty isn't a problem, just that the class warfare perspective of firm economic tiers at battle for a bigger slice of a finite economic pie doesn't providing a useful model.

"Your money does not cause my poverty. Refusal to believe this is at the bottom of most bad economic thinking." --P.J. O'Rourke (1999)