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


  • Jill Clark-Gollub
    Daniel Ortega is No Bukele
    11 Jun 2025
    Ortega and Bukele are polar opposites: one invests in dignity and democracy, the other in mass incarceration and imperial alliances.
  • Aiyana Porter-Cash
    False Promises of Protection Embedded in U.S. Militarism and Carcerality
    11 Jun 2025
    "Protection" is a lie—a pretext for state violence, militarism, and control, targeting the marginalized while masking harm as care. True safety comes not from oppressive systems, but from resistance…
  • Black Alliance For Peace
    Oppression Breeds Resistance, Organization Sustains It
    11 Jun 2025
    Defeating the war on Black/African people requires solidarity with all who are oppressed and resistance against our common enemy.
  • Jonathan Forney
    7 Supreme Court Cases That Black Americans Should Track This Summer
    11 Jun 2025
    Issues before the high court range from health care access and citizenship to workplace discrimination and redistricting.
  • Struggle La Lucha
    ICE Raids Escalate in LA As Community Fights Back
    11 Jun 2025
    While ICE and law enforcement unleash raids across LA, protesters stand firm, exposing the brutal machinery of deportation and the state’s violent response to dissent and resistance.
  • Load More
Subscribe
connect with us
about us
contact us