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


  • Black Alliance for Peace US Out of Africa Network
    Report: The Anti-Imperialist Upsurge in the Sahel and the Historic Conference in Niamey
    27 Nov 2024
    The Black Alliance for Peace and U.S. Out of Africa Network provided this report following their participation in the “Conference in Solidarity with the Peoples of the Sahel”.
  • Phil Wilayto
    Crisis & Cover-up at Red Onion Super-Max
    27 Nov 2024
    Red Onion Prison in Virginia has the same history of racism, brutal violence, and inhumane conditions that characterize the entire mass incarceration system. But recently men held there in…
  • Keston K Perry
    The IMF and the World Bank Must be Abolished to Save the Planet
    27 Nov 2024
    The IMF and the World Bank give the appearance of aiding Global South nations with economic relief for climate disasters, but in reality, they are burdening them with more debt. 
  • Tamara Nassar , Ali Abunimah
    AOC votes to back Israel lobby’s bogus “anti-Semitism” definition
    27 Nov 2024
    New York's "progressive" congresswoman panders to the Israel lobby by supporting a definition of antisemitism that will stifle free speech.
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio November 22, 2024
    22 Nov 2024
    This week, we discuss the COP29 climate summit and why the earth is still warming despite prior climate agreements. But first, we analyze the 2024 presidential election results and why Donald Trump…
  • Load More
Subscribe
connect with us
about us
contact us