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
  • omnibus

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


  • Diaspora Pa'lante Collective
    What is Esencia and what will happen to Puerto Rico if this is constructed?
    26 Mar 2025
    Capitalist developers and political opportunists are feeding off Puerto Rico's land and resources to privatize the island. The people suffer from deteriorating infrastructure and increasing…
  • Palestine Chronicle Staff
    Gaza Journalists Hossam Shabat, Mohammed Mansour Killed in Israeli Airstrikes
    25 Mar 2025
    Journalists Hossam Shabat and Mohammed Mansour were killed in targeted Israeli airstrikes, as the death toll among media workers continues to rise.
  • Black Alliance for Peace NYC/NJ Citywide Alliance
    BAP-NYC/NJ Condemns the Reopening of Delaney Hall
    25 Mar 2025
    BAP NYC/NJ calls on the masses to oppose the immigration incarceration system and imperialist population control in Our Americas.
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio March 21, 2025
    21 Mar 2025
    In this week’s segment, we hear about the Trump administration's attempt to force CARICOM member nations to end their participation in a Cuban medical program. The administration is also sending…
  • Cuban doctors leaving Venezuela
    Black Agenda Radio with Margaret Kimberley
    U.S. Pressures CARICOM to End Cooperation with Cuba and Sends Venezuelans to El Salvador
    21 Mar 2025
    Camila Escalante is an editor for Kawsachun News and a Latin America correspondent for PressTV. She will discuss the latest Trump administration policies moves in Latin America. Secretary of State…
  • Load More
Subscribe
connect with us
about us
contact us