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


  • Black Alliance For Peace
    Imam Jamil Al-Amin, Presente!
    26 Nov 2025
    From the front lines of the Black Power movement to a Georgia prison cell, the life of Imam Jamil Al-Amin represents a continuous thread of resistance and the state's relentless retaliation against…
  • Jon Jeter
    Unable to Squeeze Another Dime From Black People, a Subprime Economy Runs Aground
    26 Nov 2025
    America's financial overlords are hooked on a subprime lending model that preys on the poor, and now this unsustainable system is crashing down.
  • Anthony Karefa Rogers-Wright
    Theme From the Bottom: Post COP 30 Reflections and the Case for a Global Bottom/Up Collective Intervention of Oppressed and Colonized People
    26 Nov 2025
    The path to climate liberation requires a radical break from failed leadership and a serious commitment to class analysis.
  • Clau O'Brien Moscoso
    The Lima Group and “Peaceful Transition”: the Neocolonial Role in US/Canadian Sanctions and Militarism Against Venezuelan Sovereignty
    26 Nov 2025
    While the U.S. justifies its new war on Venezuela as a counter-narcotics operation, the real target remains the Bolivarian Revolution and the alternative model of sovereignty it represents to the…
  • Bruce A. Dixon , BAR managing editor
    On The Left Side of History: Political Prisoner Imam Jamil Al Amin
    26 Nov 2025
    Imam Jamil Al-Amin was a revolutionary targeted by the state from the 1960s until he was unjustly convicted of murder in 2002. He died on November 23, 2025, an elder political prisoner who had been…
  • Load More
Subscribe
connect with us
about us
contact us