Meet the first-time voters of Hicksville, Ohio

"Even though some of them have been indoctrinated at home, they are open-minded."

Hicksville's high school is housed in a state-of-the-art red-brick building, opened in 2009, on the east side of town. Students spill corridors filled with lockers in classic American high school style. On the day I visit, government teacher Dave Blue is taking two senior-year classes, most of whom will be eligible to vote for the first time tomorrow.

Among them, some are simply not interested. “I don't really pay attention to [politics],” says one 18-year-old student, Chad Klema, while another, Dean Conley simply says “I'm not voting.” When this gets an anguished response from the more politically active of his peers, he defends himself. “I just hate hearing about it. I don't think any president can fix this.”

Many are entirely disillusioned with the political process as a whole. “Neither candidate is great” is a common factor among many – though not all – students in both classes. “There are negative ads before every video on YouTube,” says 18-year-old Morgan Hahn. “It's not cool.”

Many of them, however, are more politically aware. Each lesson has a clearly dominant voice; obviously old rivals, they tell me they often spar with each other on political issues. Andrew Willis, the most powerful voice in the morning lesson, is a staunch and vocal Democrat. “I'm pro-choice, and gay marriage. I don't like that the rich get the tax cuts – Bush's tax cuts added to the deficit.” What does he think of the Republican challenger? “I think Romney is really, really untrustworthy. I think he changes his opinions to get elected.”

“He's a political rat!” he says with venom.

The afternoon class, by comparison, is all about Austin Laney – whose conservatism Willis tells me he likes to goad. “[Romney's] not just for one part of the country, he's for all of it,” Laney tells me. Even for the middle class? “Yeah.”

“Obama doesn't know what he's talking about,” he continues. “I don't like Obama. Romney's not that great – but he's better.”

Their teacher, Dave Blue, is one of those teachers that all his former pupils remember with a grin. I first meet him in the Brickhouse, Hicksville's local sports bar – I'm introduced by several former pupils. “You have to meet Dave,” they tell me. He makes quite an entrance, wearing a long leather trenchcoat and a battered stetson, and orders a whisky.

Blue has been helping his pupils negotiate the minefields of American politics for 28 years. I ask him if the students he sees generally lean one way or another. “I'd say [they're] more Republican than Democrat,” he tells me, “but Obama's got a good chance among these kids. They're young, they're willing to listen. Their minds are reasonably flexible. Even though some of them have been indoctrinated at home, they are open-minded. Some are probably going to rebel from mum and dad.”

When I ask the afternoon class if their political beliefs have been affected by their parents, there is a chorus of “yes” – except from Laney, who tells me scornfully that his parents are Democrats.

“I could go either way,” says another pupil, Charlie Guto. What would sway him? “I dunno.” He stops to think. “I'm against abortion. I don't think it's right.” Does that mean Romney's on his side on that one? “Yeah. But I feel like whoever wins, no one's going to fix it right away.”

Some of them have been under pressure from their classmates – but Shane Bostik is not giving in. “I'm on the border still,” he says, looking at Laney with a grin. “I've had Austin trying to persuade me to go for Romney... but I think I'm sticking with Obama. I think things are getting better each year.”

“They are starting to realise,” says Dave Blue proudly after the bell has gone and the students have joined the throng in the corridors heading to their next class, “that the real world is not that far away.”

He gestures expansively around his classroom. “And this is a part of it.”

A Democrat volunteer encourages people to turn out in Ohio. Photograph: Getty Images

Nicky Woolf is a writer for the Guardian based in the US. He tweets @NickyWoolf.

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BHS is Theresa May’s big chance to reform capitalism – she’d better take it

Almost everyone is disgusted by the tale of BHS. 

Back in 2013, Theresa May gave a speech that might yet prove significant. In it, she declared: “Believing in free markets doesn’t mean we believe that anything goes.”

Capitalism wasn’t perfect, she continued: 

“Where it’s manifestly failing, where it’s losing public support, where it’s not helping to provide opportunity for all, we have to reform it.”

Three years on and just days into her premiership, May has the chance to be a reformist, thanks to one hell of an example of failing capitalism – BHS. 

The report from the Work and Pensions select committee was damning. Philip Green, the business tycoon, bought BHS and took more out than he put in. In a difficult environment, and without new investment, it began to bleed money. Green’s prize became a liability, and by 2014 he was desperate to get rid of it. He found a willing buyer, Paul Sutton, but the buyer had previously been convicted of fraud. So he sold it to Sutton’s former driver instead, for a quid. Yes, you read that right. He sold it to a crook’s driver for a quid.

This might all sound like a ludicrous but entertaining deal, if it wasn’t for the thousands of hapless BHS workers involved. One year later, the business collapsed, along with their job prospects. Not only that, but Green’s lack of attention to the pension fund meant their dreams of a comfortable retirement were now in jeopardy. 

The report called BHS “the unacceptable face of capitalism”. It concluded: 

"The truth is that a large proportion of those who have got rich or richer off the back of BHS are to blame. Sir Philip Green, Dominic Chappell and their respective directors, advisers and hangers-on are all culpable. 

“The tragedy is that those who have lost out are the ordinary employees and pensioners.”

May appears to agree. Her spokeswoman told journalists the PM would “look carefully” at policies to tackle “corporate irresponsibility”. 

She should take the opportunity.

Attempts to reshape capitalism are almost always blunted in practice. Corporations can make threats of their own. Think of Google’s sweetheart tax deals, banks’ excessive pay. Each time politicians tried to clamp down, there were threats of moving overseas. If the economy weakens in response to Brexit, the power to call the shots should tip more towards these companies. 

But this time, there will be few defenders of the BHS approach.

Firstly, the report's revelations about corporate governance damage many well-known brands, which are tarnished by association. Financial services firms will be just as keen as the public to avoid another BHS. Simon Walker, director general of the Institute of Directors, said that the circumstances of the collapse of BHS were “a blight on the reputation of British business”.

Secondly, the pensions issue will not go away. Neglected by Green until it was too late, the £571m hole in the BHS pension finances is extreme. But Tom McPhail from pensions firm Hargreaves Lansdown has warned there are thousands of other defined benefit schemes struggling with deficits. In the light of BHS, May has an opportunity to take an otherwise dusty issue – protections for workplace pensions - and place it top of the agenda. 

Thirdly, the BHS scandal is wreathed in the kind of opaque company structures loathed by voters on the left and right alike. The report found the Green family used private, offshore companies to direct the flow of money away from BHS, which made it in turn hard to investigate. The report stated: “These arrangements were designed to reduce tax bills. They have also had the effect of reducing levels of corporate transparency.”

BHS may have failed as a company, but its demise has succeeded in uniting the left and right. Trade unionists want more protection for workers; City boys are worried about their reputation; patriots mourn the death of a proud British company. May has a mandate to clean up capitalism - she should seize it.