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


  • Community Movement Builders - Newark
    CMB Newark Statement on the Delaney Hall Uprising
    03 Jun 2026
    The immigrants who revolted inside the Delaney Hall immigration jail are not criminals but prisoners of war, and their actions are those of resistance against a fascist detention system.
  • Abayomi Azikiwe
    Ebola Virus Disease Outbreak in Central and East Africa Causes Alarm
    03 Jun 2026
    Since early May, the World Health Organization and the African Centers for Disease Control and Prevention have been working to contain the spread of a rare and virulent strain of Ebola virus disease.
  • Sam E. Anderson
    Beyond the Algorithm: Defending the Cuban Revolution’s Record Against Ahistorical Attacks
    03 Jun 2026
    A critical analysis of the U.S. backed social media "influencer" war propaganda campaign against Cuba as it struggles against a criminal siege.
  • David Escobar
    Colombia: An ethical revolution (with a grassroots focus) / Una revolución ética (con acento popular)
    03 Jun 2026
    Colombia's presidential election will be held on June 21st as Historic Pact candidate Ivan Cepeda runs against the Trump endorsed right wing candidate Abelardo de la Espriella. This analysis written…
  • Ramzy Baroud
    Why Didn’t Iran Put Gaza on the Table? A Difficult Answer
    03 Jun 2026
    From Gaza to Tehran, from the politics of resistance to the limits of regional diplomacy, a pressing question has resurfaced amid the 2026 war: why was Palestine not explicitly placed at the center…
  • Load More
Subscribe
connect with us
about us
contact us