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

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.

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

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

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.

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.

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.