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

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017
🖨️ Print Article

A study by the Economic Policy Institute predicts Black household wealth will plunge to zero by the year 2053. “What this study really points to is the fact that U.S. capitalism is on a path to destruction, and cannot stop,” said Black Agenda Report contributor Danny Haiphong, author of a recent article titled “Black America: The Wealth-less Community.” “A lot of the conversation about racism has very little to do with the material circumstances of Black people,” said Haiphong.

black wealth

Related Podcasts

Black Capitalism Can’t Fix Racial Wealth Gap
Black Agenda Radio with Nellie Bailey and Glen Ford
Black Capitalism Can’t Fix Racial Wealth Gap
14 August 2018
Black banks are useful and should be supported, but only some form of reparations can confront the disastrous Black economic condition, said
Black Agenda Radio, week of October 2, 2017
Nellie Bailey and Glen Ford
Black Agenda Radio, Week of October 2, 2017
04 October 2017
Zero Black Wealth by 2053, Rev.

More Stories


  • Karin Stanford
    Afterlife of a Hijacker
    11 Aug 2026
    Former Black Panther Deputy Minister of Defense Byron Booth's journey from Compton to Cuba, Algiers to Lagos, reveals the global reach of Black radicalism in a 2016 interview.
  • Orinoco Tribune
    ‘To the Victor Belong the Spoils’: Trump Flaunts US Plunder of Venezuela
    11 Aug 2026
    The U.S. is not shy about proclaiming its control of Venezuela and its resources.
  • Kit Klarenburg
    Collapsing Empire: US Creates New African Psyops Unit
    11 Aug 2026
    From boots on the ground to battles for the mind, an examination of the Pentagon's new psychological operations unit illustrates Washington's bid to reclaim influence in Africa.
  • Ali Ridha Khan
    The Assassinated Word: Kanafani at 54
    11 Aug 2026
    "54 years after his assassination by the Zionist entity, Ghassan Kanafani’s career, politics, and dedication to the Palestinian Liberation struggle remain instructive for anti-imperialist struggle in…
  • Coalition for the Elimination of Imperialist in Africa
    Declaration Expressing Pan-African Solidarity with the Republic of Cuba
    11 Aug 2026
    "Cuba has remained a shining example of internationalism and holds a special place in the history of people's struggles against imperialism."
  • Load More
Subscribe
connect with us
about us
contact us