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


  • Black August for the Pendleton 2
    Too Black
    Black August for the Pendleton 2
    16 Aug 2023
    Black August is an important month of political education, but it should not solely be about the past. The continued existence of a mass incarceration state targeting Black people…
  • BAR Book Forum: Musab Younis’s Book, “On the Scale of the World”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Musab Younis’s Book, “On the Scale of the World”
    16 Aug 2023
    This week’s featured author is Musab Younis. Younis is Senior Lecturer in the School of Politics and International Relations at Queen Mary University of London. His book is On the Scale of the World…
  • RFK, Jr. Exposes His Right-Wing Tendencies Again, This Time On Abortion
    Jacqueline Luqman
    RFK, Jr. Exposes His Right-Wing Tendencies Again, This Time On Abortion
    16 Aug 2023
    Robert F. Kennedy, Jr. made and then tried to walk-back comments which supported banning abortion in some circumstances. But he's stuck with his own words and the supposedly anti-establishment…
  • Peruvian De Facto Minister of Defense Travels to DC Solidifying US Militarization of Country
    Clau O'Brien Moscoso
    Peruvian De Facto Minister of Defense Travels to DC Solidifying US Militarization of Country
    16 Aug 2023
    Peru's coup regime enhances its alliance with the U.S. with visits to Washington and arms supplies to Ukraine.
  • You Can’t Project Power When the World Knows You Are Weak
    Dr.Wilmer J. Leon, III
    You Can’t Project Power When the World Knows You Are Weak
    16 Aug 2023
    Every empire falls and the fantasy of American exceptionalism doesn't exempt the U.S. from inevitable decline. Yet the failing hegemon behaves as though it still controls events, and…
  • Load More
Subscribe
connect with us
about us
contact us