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


  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    The Power of Black Self-Defense in Lincoln Heights
    12 Feb 2025
    When Nazis appear in public they must be quickly dispatched. The people of a Black town in Ohio did just that and then acted to arm and defend themselves.
  • Editors, The Black Agenda Review
    ESSAY: White Racism and Black Consciousness, Stephen Bantu Biko, 1971
    12 Feb 2025
    Steve Biko long ago diagnosed the pathological cruelty and rot of white society.
  • Ann Garrison, BAR Contributing Editor , Dr. Abdiwahab Sheikh Abdisamad
    Somaliland Pins Hopes of Recognition on Trump
    12 Feb 2025
    Somaliland is pinning its hopes of recognition as an independent state on Donald Trump, and Trump has suggested that the breakaway state accept Palestinians exiled from Gaza.
  • Raymond Nat Turner, BAR poet-in-residence
    Erehwon (Shangri La Utopia)
    12 Feb 2025
    "Erehwon (Shangri La Utopia)" is the latest from BAR's poet-in-Residence.
  • Jon Jeter
    Landless and Poor, Black South Africans Say they will Defy Trump and Move Ahead, Finally, with Land Reform
    12 Feb 2025
    A torrent of false and racist claims culminated in a presidential executive order suspending any aid to South Africa. Donald Trump is attempting to stand in the way of its land reform process.
  • Load More
Subscribe
connect with us
about us
contact us