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


  • Jacqueline Luqman
    Effective Organizing Requires Understanding Theory. That's Not A Hypothesis
    21 Jan 2026
    To dismiss revolutionary theory is to choose permanent defeat, reducing the movement to a hamster wheel of reaction and co-opted rage.
  • Anthony Rogers-Wright
    Preserving the Legacy of Martin Luther King and The Black Radical Tradition Requires Saving Both from the Congressional Black Caucus More than from white moderates and white supremacists (Or, I said what I said)
    21 Jan 2026
    Preserving the Black Radical Tradition demands struggle not only against white supremacists, but also against the co-opted Black political class who actively support the very evils Dr. King named.
  • Mark P. Fancher
    A Role for Africans In Exile: “Revolutionaries at Large”
    21 Jan 2026
    Africans in the U.S. must weaponize their position and sabotage imperial projects from the inside. Black revolutionaries must modify traditional strategy.
  • Jamal Abdulahi
    Saudi Arabia Asserts Dominant Role in the Horn of Africa and the Red Sea 
    21 Jan 2026
    Israel's recognition of a breakaway region in Somalia has redrawn the map of the Horn of Africa, pitting two oil-rich Gulf powers against each other and forcing the U.S. to delay its imperial plans…
  • Monique Welch-Rutherford
    This Texas County Is the Deadliest Place in the U.S. for Black Mothers to Give Birth
    21 Jan 2026
    Harris County, home to a world-renowned medical center, holds the worst maternal death rate for Black women in the entire nation. This staggering statistic represents a systemic failure that subjects…
  • Load More
Subscribe
connect with us
about us
contact us