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


  • Editors, The Black Agenda Review
    ESSAY: Revolution and the Negro, CLR James, 1939
    20 Nov 2024
    Haiti’s Battle of Vertières reminds us that resistance is not futile, that victory will come.
  • Ann Garrison, BAR Contributing Editor
    It’s not you, it’s CAPITALISM
    20 Nov 2024
    Malaika Jabali’s book explains our toxic relationship with capitalism and says it’s time to break up.
  • Abayomi Azikiwe, Black Agenda Report Contributor
    Imperialism and the Destabilization of the Alliance of Sahel States
    20 Nov 2024
    Mali, Burkina Faso and Niger remain targets of the western capitalist mining firms and their state sponsors.
  • Tunde Osazua
    Surveilled and Controlled: The High-Tech War on Working Class Black Atlantans
    20 Nov 2024
    Under the shield of public safety, Atlanta's police and political leaders have turned it into the most surveilled city in the country, where Black and Brown people working-class people are under a…
  • Black Alliance For Peace
    No Matter Who Sits in the White Peoples’ House, the War Being Waged by the U.S. Colonial/Capitalist Class Against the Black Colonized Working Class and All Oppressed Peoples and Nations Will Continue
    20 Nov 2024
    “Hide nothing from the masses of our people. Tell no lies. Expose lies whenever they are told. Mask no difficulties, mistakes, failures. Claim no easy victories...”
  • Load More
Subscribe
connect with us
about us
contact us