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


  • Glen Ford, BAR Executive Editor
    Time to Sharpen Our Weapons and Wits
    27 May 2026
    Six years ago, George Floyd was murdered by police. The reaction was swift - the streets erupted and demands to defund the police spread across the country. Yet, the response from Democrats was…
  • Hanna Eid
    Imperialism and the Arab World: An Interview with Tara Alami
    27 May 2026
    Compliant Arab regimes spent decades spreading anti-Iran propaganda, but the current assault on Iran is shattering those lies.
  • Joshua Reaves Charmelus
    Unity and Sovereignty: Cuba’s True ‘Threat’ To US Interests
    27 May 2026
    The U.S. indicted 94-year-old Raúl Castro not out of concern for the people of Cuba or the U.S., but because six decades of sanctions have failed to destroy Cuba's revolutionary continuity.
  • Gary Wilson
    Musk’s A.I. Power Plant Exposes Capitalism’s Data-Center Crisis
    27 May 2026
    A Black community in Tennessee is living with the environmental impact of a data center brought to them by Elon Musk and conniving elected officials.
  • Elías Jaua , Federico Fuentes
    Former Chávez VP: Venezuela Needs a New ‘struggle for liberation’
    27 May 2026
    A former vice-president who served with Hugo Chávez provides analysis on what he calls neo-colonial control and coercion the U.S. is exercising against Venezuela.
  • Load More
Subscribe
connect with us
about us
contact us