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


  • Gerald A. Perreira
    Hassan Nasrallah Lives
    02 Oct 2024
    Israel's assassination of Hassan Nasrallah is a heavy blow to Hezbollah and the resistance in the region. But this loss will not break the movement.
  • Jon Jeter
    Like Chisolm Before Her, Harris’ White House Bid is More Sizzle than Steak for Black Community
    02 Oct 2024
    Since Kamala Harris became the Democratic nominee for president, liberals have seen her as the next Shirley Chisholm. In this case, they are correct.
  • Clau O'Brien Moscoso
    Fujimori Is Dead, Fujimorismo Is Not
    02 Oct 2024
    The death of Alberto Fujimori should signal the end of a devastating and tragic era for the Peruvian masses. However, the violence and corruption that were staples of his regime remain…
  • Imani Nile
    End the Siege on NYC
    02 Oct 2024
    New York City is a case study of how imperialist violence abroad and state violence domestically are two sides of the same coin. The unfortunate stories of Derrell Mickles and Jordan Neely…
  • Black Alliance For Peace
    NO TO FOREIGN MILITARY INTERVENTION IN HAITI! YES, TO HAITIAN SELF-DETERMINATION!
    02 Oct 2024
    The Black Alliance for Peace stands against the continued attempts to pursue U.N. occupation in Haiti and calls on people of conscience to support the Haitian people in the struggle to achieve true…
  • Load More
Subscribe
connect with us
about us
contact us