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

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017
🖨️ Print Article

A study by the Economic Policy Institute predicts Black household wealth will plunge to zero by the year 2053. “What this study really points to is the fact that U.S. capitalism is on a path to destruction, and cannot stop,” said Black Agenda Report contributor Danny Haiphong, author of a recent article titled “Black America: The Wealth-less Community.” “A lot of the conversation about racism has very little to do with the material circumstances of Black people,” said Haiphong.

black wealth

Related Podcasts

Black Capitalism Can’t Fix Racial Wealth Gap
Black Agenda Radio with Nellie Bailey and Glen Ford
Black Capitalism Can’t Fix Racial Wealth Gap
14 August 2018
Black banks are useful and should be supported, but only some form of reparations can confront the disastrous Black economic condition, said
Black Agenda Radio, week of October 2, 2017
Nellie Bailey and Glen Ford
Black Agenda Radio, Week of October 2, 2017
04 October 2017
Zero Black Wealth by 2053, Rev.

More Stories


  • Jehad Abusalim
    "It Is Neither Death, Nor Suicide"
    09 Apr 2025
    For 76 years, Gaza has been has been the defiant heart of Palestinian resistance. Today, as Israel’s genocidal war lays bare the brutal dead end of Zionism, Gaza’s struggle transcends geography,…
  • Socialist Workers Movement of the Dominican Republic
    The march in Friusa failed and the neo-fascist movement was divided
    09 Apr 2025
    The Dominican far-right’s violent march on Friusa collapsed in disarray, exposing weakness in the movement as racist mobs failed to overrun a working-class community. However, the threat remains.…
  • Hands Off protest
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist , Dr.Wilmer J. Leon, III
    Ajamu Baraka on What the Hands Off March Left Out
    09 Apr 2025
    Tens of thousands filled the streets this weekend—marching, chanting, fists raised in defiance. It looked like a movement powerful enough to shake the earth. But beneath the banners and speeches,…
  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio April 4, 2025
    04 Apr 2025
    In this week’s segment we discuss Secretary of State Rubio’s visit to Guyana and other nations, and U.S. efforts to control resources and interfere in the Caribbean region.
  • M23
    Black Agenda Radio with Margaret Kimberley
    Rwanda Continues Congo Invasion, Congo Seeks U.S. Protection
    04 Apr 2025
    Maurice Carney is the Executive Director of Friends of the Congo. He joins us from Washington to discuss the ongoing crisis in eastern Democratic Republic of Congo, Rwanda’s continued intervention…
  • Load More
Subscribe
connect with us
about us
contact us