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


  • Why Haiti Must Follow the Current Political Lead of Francophone Africa
    Pascal Robert
    Why Haiti Must Follow the Current Political Lead of Francophone Africa
    27 Sep 2023
    Haiti has suffered under western occupations and interference in its affairs. The people of that nation are struggling to break free from that domination and can look to mass movements in Francophone…
  • Clau O'Brien Moscoso
    Boluarte’s Visit to US for UN General Assembly Met with Rejection by Peruvian Community and Allies
    27 Sep 2023
    Peru's illegitimate coup president couldn't escape protest and condemnation when she attended the United Nations General Assembly in New York. 
  • Mark P. Fancher
    In Niger Imperialism Is No Match For the People’s Power
    27 Sep 2023
    The people of Niger have mobilized in mass to defend their country from U.S. and French imperialist interference.
  • Erica Caines
    All Black Feminisms Ain’t Created Equal
    27 Sep 2023
    Black feminism should be focused on the struggle against colonial structures and not solely on issues of personal empowerment. 
  • Prensa Latina
    Cuban President Praises Malcolm X’s Legacy in New York
    27 Sep 2023
    Cuban president Miguel Diaz-Canel paid tribute to Malcolm X on the anniversary of his historic meeting with Fidel Castro.
  • Load More
Subscribe
connect with us
about us
contact us