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


  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    A People(s)-Centered Human Rights Critique of “An Open Letter to Iran’s Political Prisoners”
    26 Aug 2026
    A People(s)-Centered Human Rights framework rejects the liberal abstraction that makes a false symmetry between Iranian authoritarianism and U.S. imperialism, which obscures the fact that one is a…
  • Editors, The Black Agenda Review
    ESSAY: The CIA and Studies on Guerrilla Warfare, Robert Molteno, 1979
    26 Aug 2026
    “In the period since 1969, one can detect the same old close ties between right-wing U.S. academics, think tanks, foundations, and the U.S. Government…”
  • Anthony Karefa Rogers-Wright
    The Manifestation of Surplus Populations: How Gary, Indiana is the Latest Exemplar of the Wrong Complexion for Protection
    26 Aug 2026
    White supremacy works through institutions, and FEMA's formula for allocating disaster relief shows us how the state decides which neighborhoods are prioritized and which are left to suffer. Those in…
  • Roberto Sirvent, BAR Book Forum Editor
    U.S. Liberal Media Literacy Guide: The World Bank and the IMF
    26 Aug 2026
    The IMF and World Bank are not subjects the corporate media cover in any real sense. Instead, their role is treated as unquestionably immutable and beneficial.
  • Anti-Imperialist Scholars Collective
    The Guardian Letter: The Anti-Imperialist Scholars Collective Responds
    26 Aug 2026
    The Anti-Imperialist Scholars Collective (AISC) wrote this response to the open letter To Iran's political prisoners, 'trapped between two blades of a scissors' which appeared in The…
  • Load More
Subscribe
connect with us
about us
contact us