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


  • Jon Jeter
    The Dog Whistle Heard ‘Round the World: How Timothy McVeigh’s Oklahoma City Bombing Birthed the Trump Era
    16 Apr 2025
    Thirty years after Timothy McVeigh’s Oklahoma City bombing, his legacy lives on in the racist mass shooters, anti-government extremists, and MAGA reactionaries who continue to target Black…
  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist , Claudia O'Brien Moscoso , Anthony Karefa Rogers-Wright
    A Snapshot of the Global War Against African People: Reflections From Ecuador
    16 Apr 2025
    Defying Ecuador’s attempt to bar international monitors, election observers documented how Daniel Noboa’s contested victory, secured amid militarized polling stations and state violence, escalates…
  • Too Black , Rasul Mowatt
    Bootleg Rehab: Still Laundering Black Rage
    16 Apr 2025
    DEI isn’t dead—it was never alive to begin with. A corporate pacification project dressed as progress, it launders Black rage into diversity statements while police budgets grow and material…
  • NBROC Coordinating Committee
    Grounding Our Purpose: The Second National Black Radical Organizing Conference
    16 Apr 2025
    The Second National Black Radical Organizing Conference (NBROC) continues the legacy of Black radical resistance, uniting organizers to confront imperialism, capitalism, and white supremacy while…
  • Black Alliance For Peace
    Black Alliance for Peace and MANE Reflect on Ecuadorian Elections
    16 Apr 2025
    Despite Ecuador's attempts to block international observers, the Black Alliance for Peace (BAP) and Movimiento Afrodescendiente Nacional Ecuatoriano (MANE) documented the violent realities of Daniel…
  • Load More
Subscribe
connect with us
about us
contact us