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

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • Reason2Resist
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist , Dimitri Lascaris
    Is the U.S.-Venezuela Oil Deal A Terrible Deal For Venezuela? w/ Ajamu Baraka
    09 Sep 2026
    Donald Trump and Interim Venezuelan President Delcy Rodriguez have announced a 'historic' oil deal between the United States and Venezuela. Although the terms remain murky, the deal appears extremely…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Hakeem Jeffries, Monkeys, Errand Boys, and Black Misleadership
    09 Sep 2026
    Hakeem Jeffries climbs the political ladder because he engages in dirty deeds with the world’s worst people. Being called a monkey gives him an easy out. The presence of a Black face in a high place…
  • Anthony Karefa Rogers-Wright
    The Path Black to Socialism: Dispatches from the 2016 Socialism Conference
    09 Sep 2026
    The U.S. Left has been hijacked by liberal elements that pull socialism toward the Democratic Party, and Black organizers must build independent power rather than wait for white leftists to address…
  • Austin Cole
    Attica Lives and Shares Lessons on Abolitionist Internationalism & Anti-Imperialist Solidarity
    09 Sep 2026
    The Attica rebellion was never just about prison reform, because the rebels understood that the prison is the most intense expression of a system of imperialist domination that operates at every…
  • Raymond Nat Turner, BAR poet-in-residence
    In the same boat?
    09 Sep 2026
    "In the same boat?" is the latest from BAR's Poet-in-Residence.
  • Load More
Subscribe
connect with us
about us
contact us