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


  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Jamaal Bowman, AIPAC, Phony Progressives, and Black Misleadership
    26 Jun 2024
    Jamaal Bowman is more of a clown than he is a congressman. His lack of seriousness and AIPAC money defeated him in a primary election. The lesson is to fight for and mobilize the people, who will…
  • Ron Daniels
    Editors, The Black Agenda Review
    EDITORIAL: Ron Daniels and the Haiti Support Project [are] at it Again…, Ezili Dantò, 2005
    26 Jun 2024
    A 2005 editorial from Ezili Dantò reminds us that when it comes to Haiti, Black huckster Ron Daniels is cruising on the wrong side of history.
  • Ann Garrison, BAR Contributing Editor
    Ansar Allah Are Not Working with Al-Shabaab - Abdiwahab Sheikh Abdisamad
    26 Jun 2024
    US and EU forces have been unable to defeat Ansar Allah and now the US is floating a story that they’re working with Al Shabaab.
  • Raymond Nat Turner, BAR poet-in-residence
    Is ‘Duel’ the better 4-letter Dream word for ‘Debate?’
    26 Jun 2024
    "Is ‘Duel’ the better 4-letter Dream word for ‘Debate?’" is the latest from BAR's Poet-in-Residence.
  • Glen Ford, BAR Executive Editor
    Free All Political Prisoners –- Including Julian Assange and Chelsea Manning
    26 Jun 2024
    Julian Assange and Chelsea Manning paid a high price for revealing U.S. vicious criminality in Iraq. Their experiences are indicative of how far the state will go to silence anyone who reveals its…
  • Load More
Subscribe
connect with us
about us
contact us