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
  • omnibus

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017

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


  • Red Malunga
    Red Malunga Denounces Institutionalized Violence Against Haitian Migrants in the Dominican Republic
    30 Apr 2025
    As the Dominican Republic escalates its brutal crackdown on Haitian migrants and Dominicans of Haitian descent, Red Malunga condemns the racist policies fueling systemic violence and human rights…
  • U.N. Human Rights Watch
    US: 20 Years of Immigrant Abuses: Under 1996 Laws, Arbitrary Detention, Fast-Track Deportation, Family Separation
    30 Apr 2025
    For two decades, draconian 1996 immigration laws have torn families apart—jailing long-term residents over minor offenses, fast-tracking deportations of asylum seekers, and fueling the cruel machine…
  • U.S. Peace Council
    Trump Is the Symptom, U.S. Imperialism Is the Disease
    30 Apr 2025
    Trump’s brutality is just the latest flare-up of a bipartisan imperial evil—one that funds genocide in Gaza, war in Ukraine, and repression at home while both parties serve the same billionaire class…
  • bar radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio April 25, 2025
    25 Apr 2025
    In this week’s segment, we hear about police propaganda designed to make the public fearful and ready to exact severe punishment, regardless of any facts about crime.
  • Reparations for Haiti
    Black Agenda Radio with Margaret Kimberley
    Reparations for Haiti
    25 Apr 2025
    Dr. Jemima Pierre is a Black Agenda Report editor and contributor.
  • Load More
Subscribe
connect with us
about us
contact us