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


  • Jacqueline Luqman
    It Is Time To Reckon With The Reactionary Rantings of ADOS/FBA
    26 Mar 2025
    The ADOS and FBA (American Descendants of Slavery and Foundational Black Americans) movements have gained influence by advocating for reparations exclusively for Black Americans descended from U.S.…
  • Mark P. Fancher
    The Folly of So-Called Foundational Black Americans
    26 Mar 2025
    So-called Foundational Black Americans may tell themselves they are noble protectors of ancestral legacy, but they are, in fact, little different from European groups in this country that…
  • Diaspora Pa'lante Collective
    What is Esencia and what will happen to Puerto Rico if this is constructed?
    26 Mar 2025
    Capitalist developers and political opportunists are feeding off Puerto Rico's land and resources to privatize the island. The people suffer from deteriorating infrastructure and increasing…
  • Palestine Chronicle Staff
    Gaza Journalists Hossam Shabat, Mohammed Mansour Killed in Israeli Airstrikes
    25 Mar 2025
    Journalists Hossam Shabat and Mohammed Mansour were killed in targeted Israeli airstrikes, as the death toll among media workers continues to rise.
  • Black Alliance for Peace NYC/NJ Citywide Alliance
    BAP-NYC/NJ Condemns the Reopening of Delaney Hall
    25 Mar 2025
    BAP NYC/NJ calls on the masses to oppose the immigration incarceration system and imperialist population control in Our Americas.
  • Load More
Subscribe
connect with us
about us
contact us