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


  • Laphonza Butler swearing in
    Ann Garrison, BAR Contributing Editor
    Laphonza Butler’s Liberal Dem Credentials All But Glow in the Dark
    10 Oct 2023
    No one better exemplifies the Democratic Party’s overarching identity politics than California Governor Gavin Newsom.
  • People marching at a protest in Haiti
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    The United Nations Pushes Haiti Under the Bus
    10 Oct 2023
    For the tenth time in the last 30 years, the United Nations vote to authorize an occupation of Haiti.
  • Ralph Nader
    Jacqueline Luqman
    Of Course Ralph Nader Can Say He Prefers Autocracy To Fascism: He's Not The Target Of Either
    09 Oct 2023
    Millions of people voted for Green Party presidential candidate Ralph Nader in 2000 but now he has denounced them and himself by proclaiming his support for Joe Biden’s re-election.
  • Deploying Kenyan Police in Haiti is Unconstitutional
    Willy Mutunga
    Deploying Kenyan Police in Haiti is Unconstitutional
    29 Sep 2023
    Kenya's decision to join a US led occupation of Haiti is an example of imperialism in Black face. According to a former Chief Justice the act is also a violation of Kenya's…
  • Black Agenda Radio September 29, 2023
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio September 29, 2023
    29 Sep 2023
    In this week’s segment we discuss US policy towards African nations, Canada's revelations of Ukraine’s and its own connections with Nazis, and how the restriction on federal funds for abortion…
  • Load More
Subscribe
connect with us
about us
contact us