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


  • Editors, The Black Agenda Review
    ESSAY: The Question of Compensation: A Third World Perspective, Norman Girvan, 1972
    20 Sep 2023
    Where are multinational corporations in discussions of reparations? The late Jamaican political economist Norman Girvan provides an answer.        
  • Getting Ethiopia Dead Wrong
    Ann Garrison, BAR Contributing Editor
    Getting Ethiopia Dead Wrong
    20 Sep 2023
    Rasmus Sonderriis's book is a thorough exposé of the West's destructively deceitful narrative about Ethiopia's two-year Tigray War.
  • BAR Book Forum: Celeste Winston’s Book “How to Lose the Hounds”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Celeste Winston’s Book “How to Lose the Hounds”
    20 Sep 2023
    This week’s featured author is Celeste Winston.
  • Understanding the White Supremacy at the Center of the 'Class Over Race' Debate
    Jon Jeter
    Understanding the White Supremacy at the Center of the 'Class Over Race' Debate
    20 Sep 2023
    Any talk of discussing class instead of racism is disingenuous in a country which uses every opportunity to indulge in anti-Black racism. The history of racism in the labor movement is just one…
  • Libya’s disastrous flooding… Causes and hope?
    Essam Elkorghli
    Libya’s disastrous flooding… Causes and hope?
    20 Sep 2023
    The U.S./NATO destruction of the Libyan state in 2011 was followed unilateral coercive measures, sanctions, which rendered that nation unable to maintain dams which failed during a recent storm.…
  • Load More
Subscribe
connect with us
about us
contact us