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


  •  BAR Book Forum: Stacy J. Lettman’s Book, “The Slave Sublime”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Stacy J. Lettman’s Book, “The Slave Sublime”
    07 Dec 2022
    This week’s featured author is Stacy J. Lettman. Lettman is an Assistant Professor of English at Florida Atlantic University. Her book is The Slave Sublime The Language of Violence in Caribbean…
  •  BAR Book Forum: Jean-Thomas Tremblay’s Book, “Breathing Aesthetics”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Jean-Thomas Tremblay’s Book, “Breathing Aesthetics”
    07 Dec 2022
    This week’s featured author is Jean-Thomas Tremblay. Tremblay is Assistant Professor of Environmental Humanities in the Department of Humanities at York University. Their book is Breathing Aesthetics.
  • Speech at the World Peace Council's Hanoi Peace Conference
    Bahman Azad
    Speech at the World Peace Council's Hanoi Peace Conference
    07 Dec 2022
    The multipolar world is a reality, but the U.S. is determined to assert itself as a unipolar hegemon and endanger the whole world in the process.
  • US Tax Dollars at Work: Neocolonial Dictatorship, Paramilitary and Police Terror in Haiti Today
    Seth Donnelly
    US Tax Dollars at Work: Neocolonial Dictatorship, Paramilitary and Police Terror in Haiti Today
    07 Dec 2022
    The call for "law and order" and strengthening police in Haiti is as dangerous as talk of any occupation. The police force is connected with Haitian oligarchs and their political puppets and is…
  • Open Veins of Africa Bleeding Heavily
    Ndongo Samba Sylla , Jomo Kwame Sundaram
    Open Veins of Africa Bleeding Heavily
    07 Dec 2022
    African nations are rich in resources yet remain impoverished due to onerous IMF and World Bank loan policies and capital flight.
  • Load More
Subscribe
connect with us
about us
contact us