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


  • illustration of women political figures
    Black Agenda Radio with Margaret Kimberley
    International Working Women's Day
    07 Mar 2025
    Participants in an International Working Women's Day webinar explain the importance of the day in building international solidarity.
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Liberals Want War in Ukraine, Trump Wants Peace in Ukraine, But All Agree on Death in Gaza
    05 Mar 2025
    Donald Trump’s efforts to normalize relations with Russia, and to end the fighting in the Ukraine proxy war are logical and sensible. But years of whipped up anti-Russia hatred make logical solutions…
  • Mary McLeod Bethune
    Editors, The Black Agenda Review
    DOCUMENT: My Last Will and Testament, Mary McLeod Bethune, 1955
    05 Mar 2025
    Mary McLeod Bethune’s testament to a good, ethical life.
  • Ann Garrison, BAR Contributing Editor
    Commemorate Genocide against the People of DR Congo
    05 Mar 2025
    The Congolese Action Youth Platform (CAYP) is campaigning for the recognition of the Genocide against the people of DR Congo to be commemorated on August 2nd, the anniversary of Rwanda and Uganda’s…
  • Elon Musk
    Raymond Nat Turner, BAR poet-in-residence
    Is this ‘Constructive Engagement' 2.0— Or, Freddo frontin’ for Heil tech Hitler?
    05 Mar 2025
    "Constructive Engagement 2.0— or Freddo frontin’ for heil-tech Hitler?" is the latest from BAR's Poet-in-Residence.
  • Load More
Subscribe
connect with us
about us
contact us