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


  • Key Suspects Arrested in Jovenel Moise Assassination Plot
    Kim Ives
    Key Suspects Arrested in Jovenel Moise Assassination Plot
    25 Jan 2022
    More arrests have been made in the assassination of Haitian president Jovenel Moise. Suspects have connections with Haitian oligarchs who control the country with the blessing of the U.S.
  • Arizona State Prison Laborers
    Michael Sainato
    Corporations are Making Millions of Dollars From U.S. Prison Labor
    25 Jan 2022
    A Freedom of Information Act request shines a light on how much private corporations and government agencies have been exploiting prison labor during the COVID-19 pandemic.
  • On the Biden Plantation
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    On the Biden Plantation
    19 Jan 2022
    The idea that Joe Biden would provide harm reduction was created to help the unpopular candidate secure an electoral victory.
  • SPEECH: Dr. Martin Luther King, Jr., All Labor Has Dignity, March 18, 1968
    Editors, The Black Agenda Review
    SPEECH: Dr. Martin Luther King, Jr., All Labor Has Dignity, March 18, 1968
    19 Jan 2022
    Martin Luther King was assassinated when he supported Black workers on strike in Memphis, Tennessee.
  • The Biden-Harris Administration is a Political Expression of the Empire’s Crisis of Legitimacy
    Danny Haiphong, BAR Contributing Editor
    The Biden-Harris Administration is a Political Expression of the Empire’s Crisis of Legitimacy
    19 Jan 2022
    The crisis of legitimacy is becoming more and more obvious. Joe Biden exemplifies oligarchic rule and a system in decline.
  • Load More
Subscribe
connect with us
about us
contact us