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


  • Black Alliance for Peace NYC/NJ Citywide Alliance
    BAP-NYC/NJ Condemns the Reopening of Delaney Hall
    25 Mar 2025
    BAP NYC/NJ calls on the masses to oppose the immigration incarceration system and imperialist population control in Our Americas.
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio March 21, 2025
    21 Mar 2025
    In this week’s segment, we hear about the Trump administration's attempt to force CARICOM member nations to end their participation in a Cuban medical program. The administration is also sending…
  • Cuban doctors leaving Venezuela
    Black Agenda Radio with Margaret Kimberley
    U.S. Pressures CARICOM to End Cooperation with Cuba and Sends Venezuelans to El Salvador
    21 Mar 2025
    Camila Escalante is an editor for Kawsachun News and a Latin America correspondent for PressTV. She will discuss the latest Trump administration policies moves in Latin America. Secretary of State…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Will Trump Send U.S. Citizens to El Salvador?
    19 Mar 2025
    Showdowns between the Trump administration and the federal judiciary will determine the fate of everyone in the country, including whether the government has the right to send citizens to jail in…
  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    Israeli Fascism Is Fueled by U.S. and European White Supremacy
    19 Mar 2025
    The unlimited support western powers give to Israel is a continuation of colonial violence and white supremacy. The U.S. and the west wield a false moral superiority over…
  • Load More
Subscribe
connect with us
about us
contact us