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


  • Essam Elkorghli , Matteo Capasso
    Unity Against Imperialist Sectarianism
    16 Oct 2024
    Imperialist powers maintain a toolbox of tactics they employ to maintain dominance and pursue their interests. Among them is propaganda. In this case, playing on planted ideas about Islam and…
  • Kodjovi Kpachavi
    AES Interrupts a $50b Shakedown in the Sahel
    16 Oct 2024
    The Alliance of Sahel States has already begun to change the conditions of the people in the region for the better. Bold actions, including the expulsion of exploitative mining contracts, put these…
  • Clau O'Brien Moscoso
    "We Want to Live in Peace!": Perú Grapples with Violence as SOUTHCOM Expands
    16 Oct 2024
    The conditions in Peru have continued to decline as the nation's bad actors and compradors work at the behest of neocolonial forces - SOUTHCOM via the US, NATO, and the European Union that are…
  • Black Alliance for Peace Haiti/Americas Team
    Black Alliance for Peace Denounces the Renewal of the US-Kenya Mission to Haiti
    16 Oct 2024
    The Multinational Security Support mission in Haiti needs to end.
  • Al Jazeera
    Israeli attack on Gaza hospital tent camp kills four, ignites fire
    16 Oct 2024
    Videos from Al-Aqsa Martyrs Hospital show rescuers scrambling to save people as they struggle to contain a major fire.
  • Load More
Subscribe
connect with us
about us
contact us