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


  • Enes Kanter Exposes Connection Between Sinophobia and Anti-Black Racism
    Danny Haiphong, BAR Contributing Editor
    Enes Kanter Exposes Connection Between Sinophobia and Anti-Black Racism
    01 Dec 2021
    Recent remarks made by an NBA player show that Sinophobia represents backward foreign policy and invitations to amplify racist tropes in the U.S.
  • The Drone Ranger gallops into Glasgow
    Raymond Nat Turner, BAR poet-in-residence
    The Drone Ranger gallops into Glasgow
    01 Dec 2021
                                                         
  • BAR Book Forum: Jessica Luther and Kavitha A. Davidson’s “Loving Sports When They Don't Love You Back”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Jessica Luther and Kavitha A. Davidson’s “Loving Sports When They Don't Love You Back”
    01 Dec 2021
    In this series, we ask acclaimed authors to answer five questions about their book.
  • Democracy Scores Another Victory Over the U.S. in Honduras
    Black Alliance For Peace
    Democracy Scores Another Victory Over the U.S. in Honduras
    01 Dec 2021
    The people of Honduras secured a victory against U.S. interference with the convincing win of Xiomara Castro as their new president.
  • #NoMore Censorship of Africa’s Roving Digital Army of Peace
    Simon Tesfamariam
    #NoMore Censorship of Africa’s Roving Digital Army of Peace
    01 Dec 2021
    The removal of Twitter accounts advocating for peace in the Horn of Africa shows the connection between the state and big tech companies.
  • Load More
Subscribe
connect with us
about us
contact us