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
  • omnibus

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


  • Jon Jeter
    Mamdani’s Train is Running But Blacks Wonder if There is Space for Them
    02 Jul 2025
    Zohran Mamdani’s democratic socialist vision won NYC’s primary but lost Black voters to scandal-plagued Cuomo by 20 points, exposing the left’s racial blind spot even as Wall Street prepares to spend…
  • Maurice Carney
    Donald Trump’s Congo Venture: A Scramble for Minerals Under the Guise of Peace
    02 Jul 2025
    Trump’s ‘peace deal’ between Rwanda and the DRC is a corporate resource grab disguised as diplomacy, rewarding Rwandan war crimes while U.S. investors stake claims to Congo’s coltan mines.
  • Hanna Eid
    Mariategui and American Labor
    02 Jul 2025
    Capitalism’s accelerating crises demand a pan-American labor revolt against Trump’s plundering, bipartisan imperialism, and the neoliberal NAFTA. José Carlos Mariátegui’s century-old warnings are…
  • Essam Elkorghli , Matteo Capasso
    Fabricating Enemies in Times of Decline: NATO 2025 Summit
    02 Jul 2025
    The 2025 NATO summit exposed a dying empire escalating wars and austerity to hide its collapse while backing genocide in Gaza and illegal attacks worldwide.
  • Raymond Nat Turner, BAR poet-in-residence
    Did New Yorkers say, No Mo Cuomo; No Mo Turkey Trot with Papa Cop?
    02 Jul 2025
    "Did New Yorkers say, No Mo Cuomo; No Mo Turkey Trot with Papa Cop?" is the latest from BAR's Poet-in-Residence.
  • Load More
Subscribe
connect with us
about us
contact us