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


  • Message of solidarity on a tent in Gaza
    Women United Against Genocide
    In Solidarity with the Student Protests Against Genocide
    08 May 2024
    Women United Against Genocide issued this statement expressing solidarity with the campus protests calling for divestment from Israel and encouraging communities to provide material support.
  • Rebecca Weiner
    Wyatt Reed , Max Blumenthal
    Columbia Crackdown Led by University Prof. Doubling as NYPD Spook
    08 May 2024
    Rebecca Weiner is a Columbia U. professor who also serves as intelligence director of the NYPD. Mayor Eric Adams credits her with spying on anti-genocide student protesters and directing the…
  • Anti-war march in New York City
    Sara Flounders
    Three U.S. wars Threaten World War Three: $95 Billion Targets Palestine, Iran, Russia and China
    08 May 2024
    The recent aid package passed by the U.S. Congress reveals its true priorities - a multifront war that threatens the stability of the world.
  • Antony Blinken
    Jerry Grey
    The State Department Report on Human Rights
    08 May 2024
    Blinken knew exactly what he was doing. The release of the State Department’s “2023 Country Report” on the eve of his arrival in China was no coincidence.
  • Lloyd Austin
    Orinoco Tribune
    Venezuela’s Vice President: We Must Reject US Militarization in Latin America, CIA Bases in Guyana
    08 May 2024
    United States imperialism in Latin America via SOUTHCOM is threatening the development of a true Zone of Peace in the region.
  • Load More
Subscribe
connect with us
about us
contact us