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


  • x
    International League of Peoples' Struggle , International Peoples' Front , People's Coalition on Food Sovereignty
    The Right to Resist is the Right of the People! International Organizations Launch the International People’s Tribunal for Palestine
    29 Oct 2025
    When established institutions refuse to respond in the face of genocide, the mandate for justice falls to the people. This tribunal is a global grassroots movement taking the international law into…
  • Black Alliance For Peace , Black Alliance for Peace Haiti/Americas Team
    Black Alliance for Peace Stands Firmly with Venezuela and the Bolivarian Revolution
    29 Oct 2025
    We condemn U.S. lawlessness in Our Americas and call for multinational intervention to guarantee a ‘Zone of Peace’.
  • Arturo Dominguez
    The US Plan To Pillage Latin America Is Becoming Clearer
    29 Oct 2025
    Trump Administration officials have frequently invoked the Monroe Doctrine, explaining the aggression toward Latin America.
  • Steve Salaita
    Palestine and the Making of a New New World
    29 Oct 2025
    The liberation of Palestine is, above all, a world-building project.
  • Rodrigo Durão Coelho
    15 million Venezuelans enlist to defend their country amid U.S. threats, says ex-diplomat Carlos Ron
    29 Oct 2025
    He stresses, however, that the atmosphere is not one of panic despite the possibility of military aggression.
  • Load More
Subscribe
connect with us
about us
contact us