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.

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.

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.

Bernie Sanders says that the biggest banks that dominate the economy should be broken up into smaller banks. This would be far more radical than Hillary Clinton's proposals to regulate Wall Street.

This is what happens under capitalism - as long as corporations and the super rich own the economy and the politicians, every new generation has to fight hard just to defend itself.

Big Oil, Wall Street and big business as a whole - they stand in the way of the kinds of change needed. They are fiercely against the radical reforms Bernie Sanders is popularizing.

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.