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.

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

While we still live in a capitalist society, we of course will fight for whatever reforms help make life better for working people.

The underlying issue is the system of capitalism itself, and under this system the best means for regulating or checking their power is not relying on a government which represents the interests of the rich but for millions of working people to become politically active in workplaces and communities through building unions and our own political party.

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

There are limits to reforming a system that is dominated by these massive and rapacious corporations.

There is plenty of work to do, but big business isn't investing in rebuilding a green economy for the 21st century. Instead, they put their money into a gigantic financial casino, and when that led to catastrophe in 2008-9, they made us pay for it.