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

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021

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 Anthony Mon
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


  • Ann Garrison, BAR Contributing Editor
    The Struggle for a Somali Nation
    04 Jun 2025
    Despite shared language, culture, and religion, Somalis still struggle to become a cohesive nation.
  • Jon Jeter
    Pizza Goeth Before a Fall? Changes in Americans’ Eating Habits Foretell a Deep Recession
    04 Jun 2025
    Wages can't keep up with prices, debt is crushing workers, and racial capitalism keeps us divided over shrinking slices. This isn't just inflation—it's collapse.
  • Anthony Karefa Rogers-Wright
    Rising Temperatures and the Rising Need for a Black Radical Lens in the Climate Change Discourse.
    04 Jun 2025
    Liberal climate movements keep bargaining with capitalism, but the Black Radical Tradition knows survival requires its destruction. Environmentalism must adopt principles of abolition and anti-…
  • Aby L. Sène
    Drones, Elephants and Imperialist Interests in Africa
    04 Jun 2025
    Conservation in Africa has long been a smokescreen for imperial power. Veiled behind the cause of environmentalism and stopping poachers, western governments, intelligence agencies, and billionaire-…
  • Abdirahman M. Ahmed
    Using Lessons from the Horn of Africa to Protect the Alliance of Sahelian States
    04 Jun 2025
    The Horn of Africa was filled with hope in 2018, when Somali President Mohammed Abdullahi Mohammed, Eritrean President Isaias Afwerki, and Ethiopian Prime Minister Abiy Ahmed signed an agreement…
  • Load More
Subscribe
connect with us
about us
contact us