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


  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    The Death of DEI
    29 Jan 2025
    Black people must be discerning about racist attacks on DEI programs while also acknowledging that “diversity” can be a con that damages Black politics, just as it was meant to do.
  • Editors, The Black Agenda Review
    POEM: Note to All Nazis, Fascists and Klansmen, Langston Hughes, 1943
    29 Jan 2025
    Langston Hughes’s 1943 poem against fascism is precise, droll, and eternal.
  • Ann Garrison, BAR Contributing Editor
    Why Hasn’t the UNSC Sanctioned Rwanda or Referred Its President to the ICC?
    29 Jan 2025
    The UN Security Council (UNSC) has never sanctioned Rwanda or referred its president to the International Criminal Court (ICC), despite decades of UN documentation of their international crimes in…
  • Clau O'Brien Moscoso
    Dollarization in Ecuador: How the Safest Country in Latin America Became a Money Laundering Transnational Crime Hub
    29 Jan 2025
    Ecuador was once a safe country. However, U.S. interference, the rise of neoliberal economic policies, the dollarization of its currency, and enhanced state repression have combined to worsen the…
  • Raymond Nat Turner, BAR poet-in-residence
    The fire this time … (as Amiri tolt me)
    29 Jan 2025
    "The fire this time … (as Amiri tolt me)" is the latest from BAR's Poet-in-Residence.
  • Load More
Subscribe
connect with us
about us
contact us