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


  • UNAC Conference flyer
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    Opening Remarks from Ajamu Baraka at the 2024 UNAC Conference
    17 Apr 2024
    Ajamu Baraka delivered this speech at the opening of the 2024 United National Antiwar Coalition Conference.
  • Rwandan refugees
    Ann Garrison, BAR Contributing Editor
    The US Did Not Fail to Intervene in Rwanda
    17 Apr 2024
    The U.S. kept the U.N. Security Council from sending in troops to stop the 1994 Rwandan Genocide.
  • Man holding Haitian flag in front of fire
    MOLEGHAF
    MOLEGHAF Denounces the US-Imposed “Accord for Peaceful Orderly Transition” in Haiti
    17 Apr 2024
    The "transitional council" in Haiti is another part of the plan to maintain the dominance of imperialist forces over the island. This process is driving the nation further into a socioeconomic crisis.
  • OJ Simpson at his trial
    Gus Griffin
    O.J. Simpson and Understanding the Black Support He Never Deserved
    17 Apr 2024
    O.J. Simpson's acquittal in one of the most infamous murder trials of the 20th century was celebrated as a symbolic win for the Black community against an oppressive system. However, O.J. was…
  • Axis of resistance
    Essam Elkorghli
    The Axis of Resistance Exposing the Functionaries of Imperialism
    17 Apr 2024
    The Axis of Resistance is shining a light on the reactionary regimes in the region who remain active and willing agents of imperialism.
  • Load More
Subscribe
connect with us
about us
contact us