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
    SADC Holds 44th Annual Summit in Zimbabwe as Regional Imperatives Mount
    21 Aug 2024
    Economic integration, peacekeeping and a burgeoning public health crisis take center stage in deliberations.
  • Raymond Nat Turner, BAR poet-in-residence
    Pussy’s on the ballot— Again …
    21 Aug 2024
    "Pussy’s on the ballot— Again …" is the latest form BAR's Poet-in-Residence.
  • Anthony Rogers-Wright
    Environmentally, There’s Not Enough Daylight Between Democratic Party Policies and Project 2025 to Fuel a Solar Panel
    21 Aug 2024
    Election season has sparked a frenzy of hysteria around Project 2025 and people are leaning on the Democratic party to stand as an oppositional force. However, just as with many other policies, the…
  • Roberto Sirvent, BAR Book Forum Editor
    “Reflections on Parenting and Revolutionary Struggle”: An Interview with Steven Salaita
    21 Aug 2024
    “Reflections on Parenting and Revolutionary Struggle” is a space for parent-organizers to share their experiences and struggles with parenting. In this piece, Roberto speaks to Steven Salaita.
  • Jon Jeter
    Screams Without Words: How the White Settler Weaponized Sexual Violence Against Men
    21 Aug 2024
    Settler colonial states always include sexual violence as a function of their domination over the colonized population. The genocide in Gaza by Israel and the sadism it inflicts on the Palestinian…
  • Load More
Subscribe
connect with us
about us
contact us