Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • Ann Garrison, BAR Contributing Editor
    Rwanda's Stillborn Middle-Income Economy
    10 Jul 2024
    Rwanda’s economic miracle is a lie.
  • Raymond Nat Turner, BAR poet-in-residence
    Million Worker March 20th Anniversary: Project 2025— Keep Death ‘Alive?’
    10 Jul 2024
    Million Worker March 20th Anniversary: Project 2025— Keep Death ‘Alive?’ is the latest from BAR's Poet-in-Residence.
  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    For African/Black Working Class and Colonized Peoples, Midterm Elections in the U.S. Offer No Relief from War, Repression and Capitalist Misery
    10 Jul 2024
    The 50-year-old neo-liberal agenda explains why political choices in this country provide little change that benefits the masses of people. The recent midterm election results will not bring about an…
  • John Parker
    Demanding Violent Obedience, Illegal Sale of Palestinian Land Embraced by Biden, Governors, Mayors and City Councilmembers
    10 Jul 2024
    As Israel's genocidal campaign against Palestinians continues, so does the theft of Palestinian land. Real estate events that sell off illegal settlements acquired through settler violence in…
  • Rasha Khatib , Martin McKee , Salim Yusuf
    Counting the Dead in Gaza: Difficult but Essential
    10 Jul 2024
    The data for the death count in Gaza collected by the Gaza Health Ministry has been extremely difficult to gather due to the onslaught by Israel. It is also difficult to calculate the scale of…
  • Load More
Subscribe
connect with us
about us
contact us