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


  • Abayomi Azikiwe, Black Agenda Report Contributor
    Imperialism Makes Mockery of the United Nations General Assembly
    02 Oct 2024
    International gathering in New York City fails to enforce its own decisions while regional wars expand in Europe and West Asia.
  • Raymond Nat Turner, BAR poet-in-residence
    Bassackwards Tribe strikes again!
    02 Oct 2024
    "Bassackwards Tribe strikes again!" is the latest from BAR's Poet-in-Residence.
  • Gerald A. Perreira
    Hassan Nasrallah Lives
    02 Oct 2024
    Israel's assassination of Hassan Nasrallah is a heavy blow to Hezbollah and the resistance in the region. But this loss will not break the movement.
  • Jon Jeter
    Like Chisolm Before Her, Harris’ White House Bid is More Sizzle than Steak for Black Community
    02 Oct 2024
    Since Kamala Harris became the Democratic nominee for president, liberals have seen her as the next Shirley Chisholm. In this case, they are correct.
  • Clau O'Brien Moscoso
    Fujimori Is Dead, Fujimorismo Is Not
    02 Oct 2024
    The death of Alberto Fujimori should signal the end of a devastating and tragic era for the Peruvian masses. However, the violence and corruption that were staples of his regime remain…
  • Load More
Subscribe
connect with us
about us
contact us