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


  • Sara Flounders , Joe Lombardo
    RESPONSE TO: Lawrence S. Wittner’s “Spinning Illusions: The Anti-American Left and the Ukraine War” – a new McCarthyism
    23 Aug 2023
    Recently articles have appeared on the front page of the New York Times that try to smear Code Pink, The People’s Forum and TriContinental as Chinese agents. The Times article was followed by a…
  • Yes! An NFL Player Can Be Exploited
    Gus Griffin
    Yes! An NFL Player Can Be Exploited
    23 Aug 2023
    Michael Oher’s story of exploitation is even worse than the white savior narrative presented by Hollywood.
  • Case studies: US military assistance in Africa doesn’t work
    Jim Lobe
    Case studies: US Military Assistance in Africa Doesn’t Work
    23 Aug 2023
    ​​​​​​​Authors of a new report worry that Washington won’t heed their warnings but double down in an era of Great Power Competition.
  • How Washington Shapes ICC To Its Own Aims
    Maureen Clare Murphy
    How Washington Shapes ICC To Its Own Aims
    23 Aug 2023
    The International Criminal Court is itself criminal in its selective prosecutions and obedience to Washington's directives. In turn, the U.S. specifically prohibits aid to the Palestinian Authority…
  • Why Is the U.S. Now Favoring Accelerating the Formation of a Force to Intervene in Haiti?
    Narciso Isa Conde
    Why Is the U.S. Now Favoring Accelerating the Formation of a Force to Intervene in Haiti?
    23 Aug 2023
    The impending occupation of Haiti is the latest example of imperialist aggression against that nation and others.
  • Load More
Subscribe
connect with us
about us
contact us