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

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


  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio May 2, 2025
    02 May 2025
    In this week’s segment, we hear about an upcoming conference dedicated to Black, radical organizers in the U.S. But first, we have an update on the Congo and the principles of agreement between Congo…
  • congo
    Black Agenda Radio with Margaret Kimberley
    The Congo and Trump's Mineral Deal
    02 May 2025
    The Democratic Republic of Congo and the Republic of Rwanda recently signed a Declaration of Principles in Washington. Is Rwanda ending its M23 group’s incursion into the DRC?
  • NBROC
    Black Agenda Radio with Margaret Kimberley
    National Black Radical Organizing Conference
    02 May 2025
    The second National Black Radical Organizing Conference will convene in Indianapolis, Indiana, from May 30 through June 1. The conference theme is “Base-Building for Collective Power.” We are joined…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Graylan Hagler: Capitulation Masquerading as Political Thought
    30 Apr 2025
    Liberals continue to condemn anyone who didn’t support Kamala Harris and the latest iteration of neo-liberal treachery. Black people are told to stand down when there is a fight worth waging.
  • North-South Project for People(s)-Centered Human Rights , Black Alliance For Peace
    The Black Alliance for Peace Calls for International Popular Mobilizations to Stop Israel’s Genocidal Campaign to Starve Palestinians to Death!
    30 Apr 2025
    The Israeli state’s starvation campaign in Gaza—backed by the U.S. and Europe—is a livestreamed genocide. As malnutrition ravages children and the West vetoes ceasefires, the 'rules-based order'…
  • Load More
Subscribe
connect with us
about us
contact us