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


  • UNAC Conference flyer
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    Opening Remarks from Ajamu Baraka at the 2024 UNAC Conference
    17 Apr 2024
    Ajamu Baraka delivered this speech at the opening of the 2024 United National Antiwar Coalition Conference.
  • Rwandan refugees
    Ann Garrison, BAR Contributing Editor
    The US Did Not Fail to Intervene in Rwanda
    17 Apr 2024
    The U.S. kept the U.N. Security Council from sending in troops to stop the 1994 Rwandan Genocide.
  • Man holding Haitian flag in front of fire
    MOLEGHAF
    MOLEGHAF Denounces the US-Imposed “Accord for Peaceful Orderly Transition” in Haiti
    17 Apr 2024
    The "transitional council" in Haiti is another part of the plan to maintain the dominance of imperialist forces over the island. This process is driving the nation further into a socioeconomic crisis.
  • OJ Simpson at his trial
    Gus Griffin
    O.J. Simpson and Understanding the Black Support He Never Deserved
    17 Apr 2024
    O.J. Simpson's acquittal in one of the most infamous murder trials of the 20th century was celebrated as a symbolic win for the Black community against an oppressive system. However, O.J. was…
  • Axis of resistance
    Essam Elkorghli
    The Axis of Resistance Exposing the Functionaries of Imperialism
    17 Apr 2024
    The Axis of Resistance is shining a light on the reactionary regimes in the region who remain active and willing agents of imperialism.
  • Load More
Subscribe
connect with us
about us
contact us