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
  • omnibus

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


  • presidents
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Bush, Obama, and Biden Gave Trump the Tools for Repression
    23 Apr 2025
    Donald Trump is thought of as a terrible president who doesn’t care about humanity. While that assertion is true, he had lots of help from his like-minded predecessors in developing plans for war and…
  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    U.S. and Israel Gangsterism Has Created a Hobbesian International State of Nature
    23 Apr 2025
    Gaza has exposed the West’s ‘human rights’ as a colonial farce. Now, the world is experiencing a descent into imperial barbarism, and only collective resistance can build a future beyond fascism.
  • Editors, The Black Agenda Review
    Introduction: The Black Messiah, Albert B. Cleage, Jr., 1968
    23 Apr 2025
    “Jesus was a revolutionary black leader, a Zealot, seeking to lead a Black Nation to freedom.”
  • Ann Garrison, BAR Contributing Editor
    Power Shift in the Horn of Africa: Somalia Recognizes SSC-Khaatumo
    23 Apr 2025
    Somalia’s recognition of SSC-Khaatumo as its sixth Federal Member State (FMS) has radically shifted the Horn of Africa’s geopolitical dynamics, with implications for Israel, Palestine, and Ansar…
  • Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Erik S. McDuffie’s Book, “The Second Battle for Africa”
    23 Apr 2025
    This week’s featured author is Erik S. McDuffie. McDuffie is Associate Professor of African American Studies and History at the University of Illinois, Urbana-Champaign. His book is The Second Battle…
  • Load More
Subscribe
connect with us
about us
contact us