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
    Oz-low Piece Process v. Sugar Hill Play-date …
    07 Aug 2024
    "Oz-low Piece Process v. Sugar Hill Play-date …" is the latest from BAR's Poet-in-Residence.
  • Ferdinand Ibebuchi
    From East to West Africa: The People Are Uprising against Colonial Oppression and Corruption
    07 Aug 2024
    Waves of uprisings are spreading across the African continent and the masses are demanding freedom from imperialist powers and the comprador leaders that enable their ongoing exploitation. There are…
  • The Editors
    Black Left Critique of Kamala Harris
    07 Aug 2024
    Immediately after Joe Biden announced that he would not seek re-election and instead endorsed Kamala Harris, she was anointed as the Democratic Party presidential nominee with little analysis of her…
  • Linah Alsaafin
    War on Gaza: Two Al Jazeera journalists were killed - and the West is silent
    07 Aug 2024
    Israel's slaughter of media workers should ignite outrage and condemnation across the industry. But because they were Palestinian, the world looked away.
  • Ramzy Baroud
    ‘Watering down’ Genocide: No More Moral Compromises on Palestine, Please
    07 Aug 2024
    To further expose western duplicity in Gaza, we must learn to speak with no reservations, no matter the restrictions on the pro-Palestine voice or the censorship on social media.
  • Load More
Subscribe
connect with us
about us
contact us