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


  • Editors, The Black Agenda Review
    ESSAY: Rethinking Race, Rethinking Class, Charles W. Mills, 1995
    09 Oct 2024
    “We need to give greater theoretical centrality to the fact that European conquest of the world has established what is in effect: global white supremacy.”
  • Ann Garrison, BAR Contributing Editor
    Social Media Beyond Corporate Control
    09 Oct 2024
    ​​​​​​​Social media bans on African Stream should remind us that corporations will never facilitate anti-imperialist, anti-capitalist narratives and stir us to look for alternatives.
  • Abayomi Azikiwe, Black Agenda Report Contributor
    Britain Cedes Control of the Chagos Islands to Mauritius While Maintaining Pentagon Base
    09 Oct 2024
    After nearly six decades, the right to self-determination and independence is still being denied to the Indigenous people as the United States prepares for expanding imperialist wars in Asia and…
  • Raymond Nat Turner, BAR poet-in-residence
    Plutocratic pendulum swings …
    09 Oct 2024
    "Plutocratic pendulum swings …" is the latest from BAR's Poet-in-Residence.
  • x
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: George Lipsitz’s Book, “The Danger Zone is Everywhere”
    09 Oct 2024
    In this series, we ask acclaimed authors to answer five questions about their book. This week’s featured author is George Lipsitz. Lipsitz is Research Professor Emeritus of Black Studies and…
  • Load More
Subscribe
connect with us
about us
contact us