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
  • omnibus

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

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
    Rwanda: Victoire Ingabire Denied Bail, Remanded to Prison
    23 Jul 2025
    Rwandan opposition leader Victoire Ingabire’s arrest belies Rwanda’s pretense to liberal democracy and its pretense to self-defense in DRC.
  • Anthony Karefa Rogers-Wright
    If We Respond to the Genocide in Palestine the Same Way We’re responding to the Climate Crisis, We Should Expect Many More Loss of Lives
    23 Jul 2025
    The climate crisis and genocide in Gaza share the same root: capitalism’s willingness to sacrifice the masses. Yet, the institutions built to resist have instead become accomplices.
  • Imani Nile
    The Scramble for Mount Vernon? How Capitalists and their Black Middlemen are Colonizing the Jewel of Westchester County, New York
    23 Jul 2025
    A majority Black city in Westchester County, a northern suburb of New York City, suffers from years of Black political misleadership and is now under threat by real estate developers who envision the…
  • Raymond Nat Turner, BAR poet-in-residence
    The Bad Hombre Defense?
    23 Jul 2025
    "The Bad Hombre Defense?" is the latest from BAR's Poet-in-Residence.
  • High Crimes
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    High Crimes and Misdemeanors – Not by Trump but Obama and Democrats
    23 Jul 2025
    The real collusion wasn’t between Trump and Putin; it was between intelligence elites and a Democratic establishment.
  • Load More
Subscribe
connect with us
about us
contact us