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

BAR Radio
Black Agenda Radio with Margaret Kimberley
Black Agenda Report October 23, 2026
23 October 2026
In this week’s segment, we hear about the ongoing uprising in France against neo-liberal austerity, colonialism, and white supremacy.
CEPR
Black Agenda Radio with Margaret Kimberley
Why Black Wealth Took a Nosedive
23 October 2026
The Center for Economic and Policy Research (CEPR) recent
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

More Stories


  • AsheNews
    An Open Letter to William Ruto, By Ngũgĩ wa Thiong’o
    05 Jun 2024
    Kenyan President William Ruto is serving the role of a comprador facilitating the continued colonization of Kenya and betraying the revolutionary history of their people.
  • Abayomi Azikiwe
    State Repression and Palestine Solidarity
    05 Jun 2024
    The destruction of encampments and the arrests of more than 3,000 students and faculty members have not stopped the movement for divestment.
  • Omar Karmi
    Rudderless, Incompetent and Complicit
    05 Jun 2024
    The U.S. policy regarding the genocide in Gaza is one of incompetence and duplicity.
  • Black Alliance For Peace
    Afghanistan News Update #22 May 27th, 2024
    05 Jun 2024
    Afghans for a Better Tomorrow discuss the current state of Afghanistan and their work organizing against U.S. imperialism.
  • Jemima Pierre
    Jemima Pierre, BAR Editor and Contributor
    Webinar: National Liberation and Imperialism’s Crises
    05 Jun 2024
    Imperialism is in crisis around the world, and that crisis is being expressed through its extreme brutality and genocide. Movements resisting this colonial domination are growing. BAR Editor Dr.…
  • Load More
Subscribe
connect with us
about us
contact us