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


  • Eritrean Ministry of Information
    Keynote Address by President Isaias Afwerki on the occasion of the 33rd Independence Anniversary, Asmara, 24 May 2024
    29 May 2024
    Eritrean President Isaias Afwerki delivered this speech during the nation's 33rd Independence Day ceremony.
  • Isabelle Papillon
    The CPT Under the Wings of BINUH!
    29 May 2024
    The Haitian Presidential Transitional Council continues to prepare for the illegal occupation by meeting with the United Nations Integrated Office in Haiti (BINUH).
  • Martina Manicastri , Sudip Bhattacharya
    Letter: Why Vote Uncommitted: A Vote for Peace and Justice
    29 May 2024
    The Uncommitted Movement is the means through which voters across the country are resisting forced complicity in genocide and making it clear to the Democratic Party that their positions are not as…
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio May 24, 2024
    24 May 2024
    This week, we discuss the International Criminal Court's decision to pursue arrest warrants for Israeli government leadership and the 2024 U.S. presidential election. But first, we hear from a…
  • Austin Cole
    Black Agenda Radio with Margaret Kimberley
    Repression of Palestine Solidarity at Massachusetts Institute of Technology - Part 2
    24 May 2024
    In part two of our interview, Austin Cole joins us to discuss his suspension from MIT due to his participation in the Gaza Solidarity Encampment and his own experience with the attack directed by the…
  • Load More
Subscribe
connect with us
about us
contact us