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

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • The Need for Independent Left Leadership
    Sudip Bhattacharya
    The Need for Independent Left Leadership
    05 Apr 2023
    Leftists in the U.S. must forge independent formations. Electoral politics are still a dead end.
  • Judge Clemons Denies a New Trial for Mumia Abu Jamal
    Noelle Hanrahan
    Judge Clemons Denies a New Trial for Mumia Abu Jamal
    05 Apr 2023
    A judge denied political prisoner Mumia Abu Jamal a new trial, and in so doing denies prosecutorial misconduct, suborning of perjury, and other wrongdoing committed against him. 
  • Communism, Islam, & Serving Our Neighbors
    D. Musa Springer
    Communism, Islam, & Serving Our Neighbors
    05 Apr 2023
    There are connections between spiritual and political beliefs. The writer advises, "...consider the synergy between the principles of our faith and the revolutionary spirit of communism."
  • TikTok on Trial: The Latest Front in the U.S. Tech War on China
    Amanda Yee
    TikTok on Trial: The Latest Front in the U.S. Tech War on China
    05 Apr 2023
    The U.S. engages in a futile effort to diminish China's economic prowess. The propaganda war against Tik Tok is the latest salvo, and concerns about data privacy are misdirection intended to help U.S…
  • Open Letter to President Museveni From Mothers of LGBTQ+ individuals
    "Jane Nasimbwa, Sylvia Nassuna, Janet Ndagire, Patricia Naava, Jackie Nabbosa Mpungu, Florence Matovu Kansanze, Josephine Amonyatta, Shamim Nakamate
    Open Letter to President Museveni From Mothers of LGBTQ+ individuals
    05 Apr 2023
    Uganda's parliament recently passed the Anti-Homosexuality Bill, 2023, which includes prison terms for gay people in that country. A group of mothers of LGBTQ+ individuals wrote an open letter in…
  • Load More
Subscribe
connect with us
about us
contact us