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


  • Raymond Nat Turner, BAR poet-in-residence
    Plutocratic pendulum swings …
    09 Oct 2024
    "Plutocratic pendulum swings …" is the latest from BAR's Poet-in-Residence.
  • x
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: George Lipsitz’s Book, “The Danger Zone is Everywhere”
    09 Oct 2024
    In this series, we ask acclaimed authors to answer five questions about their book. This week’s featured author is George Lipsitz. Lipsitz is Research Professor Emeritus of Black Studies and…
  • Jon Jeter
    From Axis of Resistance to Political Cuckolds: How Palestinians, African Americans and Black South Africans Were Betrayed by Their Own
    09 Oct 2024
    One of the many unfortunate common threads between Palestinians, South Africans, and African Americans is the betrayal of the people by their political leadership who were meant to lead…
  • Black Alliance For Peace
    The Meaning of October 7th: An Oppressed People Will Always Find a Way to Resist Oppression
    09 Oct 2024
    Black Alliance for Peace will never abandon the Rights of Palestinian People to Resist Zionist Colonialism “By Any Means Necessary”
  • Orisanmi Burton
    An open letter to prison officials on the censorship of Tip of the Spear
    09 Oct 2024
    Orisanmi Birton's groundbreaking book, Tip of the Spear, has been listed as contraband in prisons across the country, not only preventing incarcerated people from accessing the book but punishing…
  • Load More
Subscribe
connect with us
about us
contact us