Whether or not you agree with Bernie Sanders' version of socialism, it is enormously significant that, for the first time in US history, a presidential candidates who calls himself a socialist has had an actual shot at winning the presidential election. And to his credit, he has not backed down from the label.
We've seen the weakest economic recovery since World War II, and massive levels of inequality and debt.
Today, capitalism faces a deep structural crisis.
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.
Bernie Sanders has shown that socialism is no longer the barrier that it used to be during the Cold War.
Big business has many tools to make us pay for the crisis of their system.