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


  • Arturo Dominguez
    The Racism Behind the Cuban Hardliner Stance
    18 Feb 2026
    Racism explains the disconnect between influential Cuban American voices and the majority population of Cuba.
  • Rosa Miriam Elizalde
    Cuba. Option Zero
    18 Feb 2026
    Fidel Castro warned of a scenario in which Cuba would have zero oil, zero imports, and zero outside assistance. That contingency plan is no longer theoretical. It's being implemented in real life by…
  • Julia Kassem
    ‘Israel’: The Glue That Pieces Together the Maxwell-Epstein Saga
    18 Feb 2026
    Julia Kassem argues the Maxwell–Epstein saga is best understood through the lens of Israeli intelligence networks, tracing a continuity of espionage, blackmail, and media influence from Robert…
  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio February 13, 2026
    13 Feb 2026
    In this week’s segment, we discuss conditions in Libya, the forces behind the assassination of Saif al-Islam Gaddafi, and the struggle to regain sovereignty after the 2011 US/NATO destruction of that…
  • Dockworkers strike
    Black Agenda Radio with Margaret Kimberley
    Chris Smalls on the Dock Worker Actions in Solidarity with Palestine
    13 Feb 2026
    Chris Smalls is the founder of the Amazon Labor Union, the first independent worker-led union in the US and the first to successfully organize an Amazon warehouse. He joins us from London to discuss…
  • Load More
Subscribe
connect with us
about us
contact us