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


  • Linda Thomas-Greenfield, US Ambassador to the UN
    Ann Garrison, BAR Contributing Editor
    A Veto from Hell
    25 Oct 2023
    On October 18, US Ambassador to the UN Linda Thomas-Greenfield raised her hand to veto even so much as a “humanitarian pause” to Israel’s war on Gaza.
  • Mikey Smith Jamaican poet
    Editors, The Black Agenda Review
    EULOGY: Bloody Neo-Colonialism…, Amiri Baraka, 1983
    25 Oct 2023
    In this eulogy for dub poet Michael “Mikey” Smith, Amiri Baraka asserts the need for Black and Third World mass organization against the ravages of neo-colonialism, imperialism, racism, and…
  • Close Rikers
    Stacy M. Brown
    Latest Stats Show America’s Continued Love Affair with Mass Incarceration
    18 Oct 2023
    The United States still has the dubious distinction of having more people behind bars than any other country. The population of local jails continue to rise and is a bellwether for mass incarceration…
  • Image of LeBron James by Robert Carter for The Los Angeles Times
    Gus Griffin
    Palestine and the Miseducation of LeBron James
    18 Oct 2023
    The Black political class is not made up solely of politicians. Celebrities and athletes like LeBron James are given access to corporate dollars and their politics reflect their class interests.
  • Cory Booker at AIPAC conference in 2020
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Cory Booker's Boot Licking, Butt Kissing, and Buck Dancing for Zionism
    18 Oct 2023
    Cory Booker has been a favorite of right-wing interest groups ever since he first ran for office to become mayor of Newark 20 years ago.
  • Load More
Subscribe
connect with us
about us
contact us