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

BAR Radio
Black Agenda Radio with Margaret Kimberley
Black Agenda Report October 23, 2026
23 October 2026
In this week’s segment, we hear about the ongoing uprising in France against neo-liberal austerity, colonialism, and white supremacy.
CEPR
Black Agenda Radio with Margaret Kimberley
Why Black Wealth Took a Nosedive
23 October 2026
The Center for Economic and Policy Research (CEPR) recent
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

More Stories


  • Raymond Nat Turner, BAR poet-in-residence
    Owl Poem (Nod to Amiri)
    19 Mar 2025
    "Owl Poem (Nod to Amiri)" is the latest from BAR's Poet-in-Residence.
  • Jon Jeter
    Failing to Read the Room, Trump Treats Whites Like N-Words and Loses Ground
    19 Mar 2025
    Only 3 months into his term, there is a growing discontent among Trump’s white supporters as his policies harm their economic interests. There is potential for backlash if he continues to alienate…
  • Clau O'Brien Moscoso
    As Elections Near, Ecuador's Working Poor, African and Colonized Under Siege (Part 1)
    19 Mar 2025
    Ecuador was once a safe country with some of the best economic prospects in the region. Today, Ecuador has a nearly 500% increase in violent crimes and a marginalized population of poor, African, and…
  • Kodjovi Kpachavi
    Unwavering Wayiyans: A Bulletin on the Confederation of Sahel States
    19 Mar 2025
    The AES represents a significant shift away from neo-colonial influence, with its governments prioritizing economic development, agricultural self-sufficiency, women’s empowerment, and security. The…
  • Caribbean Network for Solidarity with Cuba
    The Entire Caribbean Rejects Rubio’s Attack!
    19 Mar 2025
    In the latest escalation of the blockade on Cuba, Marco Rubio announced an attack on Cuba's medical missions and, by extension, the healthcare of the entire region.
  • Load More
Subscribe
connect with us
about us
contact us