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


  • On International Human Rights Day: Money for Ukraine and War But Austerity for the People
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    On International Human Rights Day: Money for Ukraine and War But Austerity for the People
    14 Dec 2022
    The U.S. does not respect the right to health care, housing, employment, or education while making war on the rest of the world. What does the idea of human rights amount to in this country?
  • Ghost Stories of Capitalism: Racism is REAL, and It’s a Class Struggle
    Danny Haiphong, BAR Contributing Editor
    Ghost Stories of Capitalism: Racism is REAL, and It’s a Class Struggle
    14 Dec 2022
    From culture wars to identity politics, it's easy to get sucked into toxic rhetoric and forget the reality of racism staring the US in the face.
  • If the US Told Rwanda and Uganda to Get Out of Congo, the War Would End
    Ann Garrison, BAR Contributing Editor
    If the US Told Rwanda and Uganda to Get Out of Congo, the War Would End
    14 Dec 2022
    Rwanda and Uganda continue their plunder and destabilization of the Democratic Republic of the Congo as proxies of the United States.
  • Where do they all come from???
    Raymond Nat Turner, BAR poet-in-residence
    Where do they all come from???
    14 Dec 2022
    Where do they all come from???
  • BAR Book Forum: Lara Sheehi and Stephen Sheehi’s Book, “Psychoanalysis Under Occupation”
    Roberto Sirvent
    BAR Book Forum: Lara Sheehi and Stephen Sheehi’s Book, “Psychoanalysis Under Occupation”
    14 Dec 2022
    This week’s featured authors are Lara Sheehi and Stephen Sheehi. Lara Sheehi is an Assistant Professor of Clinical Psychology at the George Washington University Professional Psychology program.…
  • Load More
Subscribe
connect with us
about us
contact us