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


  • Black Alliance For Peace
    The Black Alliance for Peace Condemns FBI Attack on the African People’s Socialist Party
    03 Aug 2022
  • ‘Tools of Russia’: FBI Raid on Black Political Party Seen as Part of ‘Black Scare/Red Scare’ in United States
    Julie Varughese
    ‘Tools of Russia’: FBI Raid on Black Political Party Seen as Part of ‘Black Scare/Red Scare’ in United States
    03 Aug 2022
    Black political organizations condemne
  • BAR Book Forum: Jamil W. Drake’s “To Know the Soul of a People”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Jamil W. Drake’s “To Know the Soul of a People”
    03 Aug 2022
  • Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Marisol LeBrón’s “Against Muerto Rico”
    03 Aug 2022
  • The United Nations designated the years 2015-2024 as the International Decade for People of African Descent. But the project has not only been neglected, it has also focused on “recognition” instead of “reparations,” reinforcing the structural racism inherent in the liberal capitalist system.
    Mireille Fanon Mendes France
    The International Decade for People of African Descent : Who have these 10 years served?
    03 Aug 2022
  • Load More
Subscribe
connect with us
about us
contact us