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
🖨️ 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


  • Jonathan Cook
    The West's Support for Israel's Genocide is Destroying the World as we Know it
    23 Oct 2024
    The old world is dying once again, but the US-Israel axis is wrong to suggest it is slaying monsters. It is the monster.
  • Lylla Younes
    Black Residents in Cancer Alley Try What May be a Last Legal Defense to Curb Toxic Pollution
    23 Oct 2024
    In St. James Parish, a zoning ordinance divides industrial development along racial lines.
  • Justin Podur
    Yahya Sinwar Wrote His Own Story
    23 Oct 2024
    Yahya Sinwar was a man who became a larger-than-life symbol of Palestinian resistance and struggle. Myths and rumors surrounded him in life and now in death but he did not need anyone, friend or foe…
  • Austin Cole
    Municipalism, Economic Development, and People Power for Participatory Democracy – A Conversation with Nicholas Richard-Thompson, Part I
    23 Oct 2024
    As part of this research on grassroots economic projects toward Black Liberation, Austin Cole spoke with Nicholas Richard-Thompson about his community organizing, expanding definitions of…
  • Umar A Farooq
    'Genocide Must Be Our Red Line': Black Muslim Leaders Shun Harris for US President
    23 Oct 2024
    Community leaders sign statement backing candidates supporting Gaza ceasefire and arms embargo against Israel.
  • Load More
Subscribe
connect with us
about us
contact us