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


  • Rob Grams
    New Caledonia: Kanak Revolt Against French Colonialism
    22 May 2024
    To understand the current uprisings in New Caledonia, one must look back at the history of colonization and violent repression of the islands by France.
  • Abayomi Azikiwe
    African Liberation Day and the Struggle for Freedom in Palestine
    22 May 2024
    There is a close connection between the Pan-Africanist Movement and the current struggle to end the genocide in Gaza
  • BAP Atlanta
    ATL to GAZA: Free Palestine and Stop Cop Cities
    22 May 2024
    The violence unleashed by Zionism and US imperialism can only be combated through mass organized political activity united in a commitment to toppling these forces.
  • Illustration of Jean-Jacques Dessalines
    Jemima Pierre, BAR Editor and Contributor
    How The West Underdeveloped Haiti
    22 May 2024
    What are the roots of Haiti’s prolonged crisis? Haitian-American scholar Jemima Pierre takes us through the history of how the West underdeveloped the country, from French colonial looting and debt…
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio May 17, 2024
    17 May 2024
    This week we discuss a lawsuit that seeks to force New York City to end patterns of segregation in its public school system.
  • Load More
Subscribe
connect with us
about us
contact us