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


  • Hip Hop: A Global Lingua Franca for the Dispossessed
    Jon Jeter
    Hip Hop: A Global Lingua Franca for the Dispossessed
    06 Sep 2023
    Any celebration of the 50th anniversary of hip hop must reference its worldwide political appeal.
  • Georgia Attorney General Brings RICO Indictments Against 61 Activists
    Atlanta Community Press Collective
    Georgia Attorney General Brings RICO Indictments Against 61 Activists
    06 Sep 2023
    The state of Georgia is using the RICO organized crime statute to crush Stop Cop City protests.
  • Dilemmas of Humanity Conference in the US Outlines Principle Task: Organize a Working Class Movement to Defeat the Empire
    Natalia Marques
    Dilemmas of Humanity Conference in the US Outlines Principle Task: Organize a Working Class Movement to Defeat the Empire
    06 Sep 2023
    Socialists, organizers, and working class leaders in the United States describe the challenges the movement faces, and what is to be done to overcome them.
  • 11th Circuit Court Issues Stay in Favor of Atlanta in "Cop City" Referendum Case
    Dyana Bagby
    11th Circuit Court Issues Stay in Favor of Atlanta in "Cop City" Referendum Case
    06 Sep 2023
    The petition process to put Cop City on the ballot in Atlanta continues, despite Atlanta public officials' insistence on building a so-called public safety training center that their constituents don…
  • Black Agenda Radio September 1, 2023
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio September 1, 2023
    01 Sep 2023
    Fani Willis' prosecution of Black teachers, gun violence and racism, and the challenge of securing exoneration in New York.
  • Load More
Subscribe
connect with us
about us
contact us