We need a break from Capitalism.

For a whole historic period after World War II, US capitalism was the strongest in the world and could afford to concede rising living standards.

To break the power of the big corporations, we would propose that the biggest 500 corporations that dominate the rigged economy and political system should be taken into public ownership, and run democratically.

Bernie Sanders talks about socialism in Scandinavia, and he's correct to point to the huge victories the working class has won there through struggle, such as socialized medicine, free college education, and paid family leave. But if you talk to working people in Sweden or Norway today, you will find out that many of those past gains have been eroded and some virtually eliminated, including massive under-funding of healthcare and other public services and a return to for-profit systems that are unaffordable to working class people.

Capitalism is based on ruthless exploitation and competition, and leads inevitably to the development of mega monopolies.

Socialism is a fundamentally different social system where the world's resources are not controlled by a greedy, undemocratic oligarchy. This is not the same as the capitalist welfare states that have existed in some European countries.

We've seen the weakest economic recovery since World War II, and massive levels of inequality and debt.