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.

Big business has many tools to make us pay for the crisis of their system.

When the New Deal programs were passed in the mid 1930s, millions of workers were joining unions, striking, and occupying factories to fight for a better life. It was this radical labor movement that forced the establishment to make concessions.

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

Today, we live in a world of incredible wealth and technology, alongside the most horrendous conditions of poverty, war and environmental crisis. This is result of capitalism, a system based on prioritizing profits not human need where the wealth is concentrated in the hands of a capitalist elite.

Whether or not you agree with Bernie Sanders' version of socialism, it is enormously significant that, for the first time in US history, a presidential candidates who calls himself a socialist has had an actual shot at winning the presidential election. And to his credit, he has not backed down from the label.

Like the healthcare industry, the banks should be taken out of the hands of the 1% and brought under democratic public ownership.