A permanent and sustainable solution to all the problems facing working people is possible by taking the biggest companies into democratic ownership, and reorganizing the economy on a democratically planned basis. Under such a system we could democratically decide how to allocate resources. We could rapidly transition away from fossil fuels, develop massive jobs programs to rebuild the country's rotting infrastructure, and begin to build a whole new world based on meeting the needs of the majority, not the profits of a few.

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.

There is a myth that the New Deal programs on their own pulled the US out of the Great Depression and created the conditions for the economic boom after World War II. As an economist, I can tell you, that is not true. In reality, it was mainly World War II that launched the boom - the massive war mobilization, the horrifying destruction and death caused by it, and then the reconstruction in its aftermath. he US was the only advanced capitalist country that was not bombed during the war.

It's not just an economic crisis that capitalism has created. We also face an environmental catastrophe created by a handful of gigantic fossil fuel corporations.

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.

We need a break from Capitalism.

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