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


  • 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