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


  • Kenyan police
    Communist Party of Kenya
    Kenyan Police in Haiti- A Betrayal of Principles and a Dance with Imperialism
    15 Nov 2023
    The Kenyan government now demands that the United Nations pay for the deployment of a police force to Haiti. But Black face imperialism is the problem, not negotiations over money.
  • Protesters in Tacoma, Washington block loading of an Israeli bound ship.
    Essam Elkorghli
    Labor and Resistance for Palestine
    15 Nov 2023
    Workers around the world can play a role in mobilizing action against the apartheid Israeli state.
  • Cover of “Experiments with Power”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: J. Brent Crosson’s Book, “Experiments with Power”
    15 Nov 2023
    In this series, we ask acclaimed authors to answer five questions about their book. This week’s featured author is J. Brent Crosson. Crosson is Associate Professor of Religious Studies and…
  • Child's funeral in Deir al-Balah, Gaza strip.
    Raymond Nat Turner, BAR poet-in-residence
    Halloween
    15 Nov 2023
    “You belong to us, body and belongings, and we can dispose of them and do with you as we please.” Holy Roman Emperor Louis VI in 1343. 
  • Cuban journalist Liz Oliva Fernandez
    Ann Garrison, BAR Contributing Editor
    US Blows Off the Whole World to Punish Cuba
    15 Nov 2023
    When oppressed people get organized, the US gets angry. It's been punishing the people of Cuba since 1962. 
  • Load More
Subscribe
connect with us
about us
contact us