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
    DNC: Deceptive Notorious Capitalism
    28 Aug 2024
    "DNC: Deceptive Notorious Capitalism" is the latest from BAR's Poet-in-Residence.
  • Anthony Karefa Rogers-Wright
    From Kente Cloths to Keffiyehs: The Legacy of Liberal Gaslighting Continues
    28 Aug 2024
    The Democratic Party's political strategy amounts to nothing more than doublespeak and a consistent denial of the reality we see before us. The DNC was a case study of how shameless the…
  • Black Alliance For Peace
    AFRICOM Watch Bulletin #53
    28 Aug 2024
    The Alliance of Sahel States is still developing but offers hope for Africans around the world. The growth of the confederation through trade and new alliances and the potential to officially…
  • Erica Caines
    Selective Democracy: U.S. Hegemony and Global Consequences
    28 Aug 2024
    The United States hides behind the facade of democracy to obscure the many contradictions of its domestic and foreign policy. The Democratic Party specifically peddles this lie about using democracy…
  • Julia Kassem
    The Uncommitted Movement is Uncommitted to Resistance, Committed to the Establishment!
    28 Aug 2024
    Uncommitted Movement leaders numerous times openly endorsed Harris, whose Zionist and equally genocidal track record and policies are clear and have been throughout her career.
  • Load More
Subscribe
connect with us
about us
contact us