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

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017
🖨️ Print Article

A study by the Economic Policy Institute predicts Black household wealth will plunge to zero by the year 2053. “What this study really points to is the fact that U.S. capitalism is on a path to destruction, and cannot stop,” said Black Agenda Report contributor Danny Haiphong, author of a recent article titled “Black America: The Wealth-less Community.” “A lot of the conversation about racism has very little to do with the material circumstances of Black people,” said Haiphong.

black wealth

Related Podcasts

Black Capitalism Can’t Fix Racial Wealth Gap
Black Agenda Radio with Nellie Bailey and Glen Ford
Black Capitalism Can’t Fix Racial Wealth Gap
14 August 2018
Black banks are useful and should be supported, but only some form of reparations can confront the disastrous Black economic condition, said
Black Agenda Radio, week of October 2, 2017
Nellie Bailey and Glen Ford
Black Agenda Radio, Week of October 2, 2017
04 October 2017
Zero Black Wealth by 2053, Rev.

More Stories


  • Anthony Karefa Rogers-Wright
    Sportswashing: How Capitalism Kills the Game for Poor and Working Class People While Normalizing How Imperialism Oppresses and Kills Them
    17 Jun 2026
    A single working mother could once take her child to a Yankees game for $40, but today that money would not even cover the online service fees. Sporting events have been stolen from poor and working…
  • Raymond Nat Turner, BAR poet-in-residence
    Booing Boss Tweet’s Cruel Reich Cult wherever they go
    17 Jun 2026
    "Booing Boss Tweet’s Cruel Reich Cult wherever they go" is the latest from BAR's Poet-in-Residence
  • 2026 Casa Ben Linder Bluefields Delegation
    Nicaragua and The Miseducation of the People of the United States
    17 Jun 2026
    Nicaragua is a living example of anti-imperialist resistance and people-centered development. The job of those in the U.S. is to fight the lies spread by the media and support this revolution through…
  • Hassan El Bial
    The Pentagon's Information War Comes Home
    17 Jun 2026
    The Pentagon is using censorship to control what Americans see as it carries out aggression around the world. However, censorship and war propaganda did not start with Trump or Hegseth.
  • Black Alliance For Peace
    World Cup 2026: FIFA and the U.S.’s White Supremacist Colonial Partnership is already on Full Display
    17 Jun 2026
    FIFA has shown itself to be a colonial instrument that serves white supremacy and U.S. imperialism. Referees, players, and fans from non-white nations are being harassed, denied entry, and brutalized…
  • Load More
Subscribe
connect with us
about us
contact us