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

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • A. J. Horn
    Cuba Beyond the One-Party Myth
    29 Apr 2026
    Rethinking Cuba's political system as a model of participatory democracy.
  • Gary Wilson
    The Dollar Makes the World Pay for U.S. Wars — But the System is Cracking
    29 Apr 2026
    Dollar hegemony has allowed the United States wage war without economic consequence for decades. But cracks in this system are now appearing.
  • x
    Yarden Azoulay Katz
    “Their Chaos is Our Peace”: Fighting Zionist Repression in Texas and Beyond
    29 Apr 2026
    Zionists continue their attacks on universities, exerting pressure to silence and terminate professors who express views in support of Palestinian liberation.
  • Jill Clark-Gollub
    Growing Calls to End Unilateral Coercive Measures
    29 Apr 2026
    The United States has made economic coercive measures, sanctions, its primary foreign policy tool, committing war by other means with a comparable death toll.
  • Zeinab Al Saffar
    Negotiations or Annihilation: Can the Resistance Be Talked Away?
    29 Apr 2026
    Israel's diplomacy with Lebanon is a fiction. The goal is complete capitulation and annihilation of the resistance, at the cost of thousands of lives.
  • Load More
Subscribe
connect with us
about us
contact us