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

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

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 Anthon
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


  • Raymond Nat Turner, BAR poet-in-residence
    End the Epstein shutdown and F-bombing our cities!
    15 Oct 2025
    "End the Epstein shutdown and F-bombing our cities!" is the latest from BAR's Poet-in-Residence.
  • Erica Caines , Austin Cole , Tunde Osazua
    What's a "Peace Deal" in the War against Colonized People ?
    15 Oct 2025
    There will be no peace without justice.
  • Black Alliance for Peace Africa Team
    In Honor of Comrade Abiodun Aremu: A Teacher and a Fighter for African Liberation
    15 Oct 2025
    We honor the life of Nigerian organizer Abiodun Aremu, a true Pan-Africanist whose legacy demands we intensify the fight for African sovereignty. His recent, suspicious death only underscores the…
  • Pavan Kulkarni
    With PAIGC barred, Will Elections in Guinea-Bissau Legitimize a Neocolonial Dictatorship?
    15 Oct 2025
    Led by Amilcar Cabral, Guinea-Bissau was in the forefront of African anti-colonial movements. But independence for that nation in 1973 has been followed by continual struggle for true sovereignty and…
  • Gerald A. Perreira , Organization for the Victory of the People
    No to US State Terrorism in the Caribbean Sea No to US Plans for Regime Change in Venezuela Caricom Must Act Now
    15 Oct 2025
    The U.S. is using Guyana as a proxy to escalate aggression against Venezuela. This manufactured crisis, fueled by oil interests, risks dragging the entire region into war.
  • Load More
Subscribe
connect with us
about us
contact us