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


  • Editors, The Black Agenda Review
    INTERVIEW: “I was deported because I fought colour bar” Claudia Jones, 1956
    08 Jul 2026
    “I was deported from the U.S.A, because as a Negro woman Communist of West Indian descent, I was a thorn in their side…”
  • Ann Garrison, BAR Contributing Editor
    The Kagame Regime Must Not Be Allowed to Seize the Archives of the ICTR
    08 Jul 2026
    The records of the International Criminal Tribunal on Rwanda should not be surrendered to the Rwandan regime led by President Paul Kagame.
  • Navid Zarrinnal
    The Iranian Revolution and African Solidarity
    08 Jul 2026
    Iran's 1979 revolution was a victory for national sovereignty which also forged solidarity with African people.
  • Hanna Eid
    Sovereignty and Strategic Depth
    08 Jul 2026
    The U.S. and Israel treat negotiations as a weapon to destabilize and disarm the region, but Iran and Hezbollah have shown that real sovereignty requires connecting every front in a unified anti-…
  • Abayomi Azikiwe
    Detroit People’s Tribunal Takes Mask off ICE
    08 Jul 2026
    Activists gathered from various areas of Michigan to report on the excesses and brutality of Immigration and Customs Enforcement (ICE), Customs and Border Protection (CBP), and local police, which…
  • Load More
Subscribe
connect with us
about us
contact us