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


  • #SomosLosNadie
    Lina Lucumi Mosquera and Lizeth Sinisterra Ossa
    #SomosLosNadie
    08 Mar 2022
    Francia Marquez is a Black Colombian woman, an environmentalist, and presidential candidate. Her campaign represents "the nobodies, those who have not had a choice."
  • Two Centuries of War Against Haiti!
    Berthony Dupont
    Two Centuries of War Against Haiti!
    08 Mar 2022
    The Haitian people have been targeted by more powerful nations ever since they dared to secure their freedom two hundred years ago.
  • US and Colombia Do Military Exercises with Nuclear Submarine Near Venezuela, After Sending Warship Through Taiwan Strait
    Benjamin Norton
    US and Colombia Do Military Exercises with Nuclear Submarine Near Venezuela, After Sending Warship Through Taiwan Strait
    08 Mar 2022
    Events in Ukraine have not stopped the US drive for domination.
  • Ukraine: Black Agenda Report Special Issue
    The Editors
    Ukraine: Black Agenda Report Special Issue
    02 Mar 2022
    This issue of Black Agenda Report gives special attention to events in Ukraine.
  • Ukraine Exposes White Supremacist Foreign Policy
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Ukraine Exposes White Supremacist Foreign Policy
    02 Mar 2022
    White supremacy is at the heart of US war propaganda. The exhortation to "stand with Ukraine" is no exception to this rule.
  • Load More
Subscribe
connect with us
about us
contact us