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


  • International Manifesto Group
    Jacqueline Luqman
    Trump’s Presidency and the Prospects for Peace in 2025: Adapted Remarks from the IMG
    22 Jan 2025
    Jacqueline Luqman recently delivered these remarks at a webinar hosted by the International Manifesto Group, "Trump’s Presidency and the Prospects for Peace in 2025."
  • Travis Ross
    How Aristide’s Lavalas Family Party Has Lurched to the Right
    22 Jan 2025
    Fanmi Lavalas has fallen far from its roots as a popular progressive movement and is now nothing more than a servant of imperialism.
  • Ramzy Baroud
    The Price of Impunity in Gaza: Is This Israel’s Day of Reckoning?
    22 Jan 2025
    The war crimes committed by Israeli soldiers have not gone unnoticed by the rest of the world. After over a year of proudly displaying their dirty deeds on social media, these war criminals are now…
  • Alexander Rubinstein
    Black Money, Black Flags: How USAID Paved the Way for Syria’s Militant Takeover
    22 Jan 2025
    The United States leverages soft power through NGOs such as USAID. In Syria, USAID operated as a channel to help maintain relations with terrorist groups and facilitate regime change through the…
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Black Agenda Radio January 17, 2025
    17 Jan 2025
    In this week’s segment, we discuss the incoming Donald Trump administration, why Trump was elected again, and what we may be able to expect in his term. But first, we begin with discussing a new…
  • Load More
Subscribe
connect with us
about us
contact us