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


  • Editors, The Black Agenda Review
    SPEECH: Everybody is Quiet But the Nationalist Party, Pedro Albizu Campos, 1950
    30 Oct 2024
    Hardly a “floating island of garbage,” Puerto Rico remains a colony, treated like trash by the US. Read this ledger of the cost and crimes of the US colonial project.
  • Ann Garrison, BAR Contributing Editor
    Jean Leonard Teganya Faces Torture in Rwanda
    30 Oct 2024
    Rwandan President Paul Kagame’s regime continues its lawfare against Rwandans in the Western diaspora.
  • Abayomi Azikiwe, Black Agenda Report Contributor
    BRICS Declaration Reinforces Call for Multipolarity
    30 Oct 2024
    Kazan summit rejects unilateralism advanced by the West.
  • sputnik
    Jamarl Thomas
    The Life and Times of a "Russian Propagandist"
    30 Oct 2024
    RT and Sputnik weren’t closed for getting it wrong. They were closed for getting it right.
  • Tunde Osazua
    Weaponizing Aid: How USAID and the Global Fragility Act Sustain U.S. Imperialism in Libya
    30 Oct 2024
    The Global Fragility Act is a mechanism through which the US gives itself the authority to utilize soft power in Africa through organizations like USAID. The act places a specific focus on Libya,…
  • Load More
Subscribe
connect with us
about us
contact us