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.

On the basis of capitalism, victories like raising the minimum wage are only temporary.

Socialism is a fundamentally different social system where the world's resources are not controlled by a greedy, undemocratic oligarchy. This is not the same as the capitalist welfare states that have existed in some European countries.

Socialism is a society where the resources are used democratically to provide a better life for all, based on ending the dictatorship of big business over the economy and politics.

The for-profit health insurance industry is the main obstacle to delivering high quality, universal healthcare for all. It should be replaced with a single-payer system, a public program that guarantees everyone coverage.

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.

Today, capitalism faces a deep structural crisis.