Cryptic crossword clue
Ruling classes lie about reversing position

The most common and most likely answer to this crossword clue is the 6 letter word ELITES

I've seen this crossword clue in Independent
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The straight part
We know that "Ruling classes" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case ruling classes = elites.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ELITES mean?

ELITES noun
  1. A special group or social class of people which have a superior intellectual, social or economic status as, the elite of society.
  2. Someone who is among the best at a certain task.

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