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


  • Ann Garrison, BAR Contributing Editor
    Dr. Denis Mukwege’s Nobel Peace Prize Brought No Peace to the Congolese
    15 Oct 2025
    Awarding the Nobel Peace Prize to “the man who heals women” made Euro-Americans feel good without interrupting their catastrophic proxy war for Congo’s resources.
  • Anthony Karefa Rogers-Wright
    Israel’s Perpetual War Machine Demonstrates that Environmental Warfare is a Tool, Not a Consequence of Genocide and Settler Colonialism
    15 Oct 2025
    Environmental destruction in Gaza is a calculated military strategy. By poisoning the land and water, Israel is ensuring a permanent and toxic genocide.
  • Raymond Nat Turner, BAR poet-in-residence
    End the Epstein shutdown and F-bombing our cities!
    15 Oct 2025
    "End the Epstein shutdown and F-bombing our cities!" is the latest from BAR's Poet-in-Residence.
  • Erica Caines , Austin Cole , Tunde Osazua
    What's a "Peace Deal" in the War against Colonized People ?
    15 Oct 2025
    There will be no peace without justice.
  • Black Alliance for Peace Africa Team
    In Honor of Comrade Abiodun Aremu: A Teacher and a Fighter for African Liberation
    15 Oct 2025
    We honor the life of Nigerian organizer Abiodun Aremu, a true Pan-Africanist whose legacy demands we intensify the fight for African sovereignty. His recent, suspicious death only underscores the…
  • Load More
Subscribe
connect with us
about us
contact us