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


  • Playing ‘SCOTUS Says’ to death?
    Raymond Nat Turner, BAR poet-in-residence
    Playing ‘SCOTUS Says’ to death?
    19 Jul 2023
    Playing ‘SCOTUS Says’ to death?  
  • RFK, Jr.: It’s Not Genetics, It’s Racial Capitalism
    Jacqueline Luqman
    RFK, Jr.: It’s Not Genetics, It’s Racial Capitalism
    19 Jul 2023
    Black people were disproportionately impacted by the covid pandemic. The causes of the crisis were systemic, not genetic.
  • The Soviet Union’s Support for Black Liberation Earns Russia Grace With Africans Everywhere
    Jon Jeter
    The Soviet Union’s Support for Black Liberation Earns Russia Grace With Africans Everywhere
    19 Jul 2023
    The Soviet Union's support of liberation movements and the activism of the Communist Party in the U.S. is not forgotten by the African diaspora. Today the Russian Federation is a beneficiary of good…
  • Nahel's France: Neo-Colonized and Pan-African Voices Speak Up
    Julia Wright
    Nahel's France: Neo-Colonized and Pan-African Voices Speak Up
    19 Jul 2023
    The police killing of Nahel M. in France cannot be properly analyzed outside of the context of French colonialism and neo-colonialism.
  • Eritrea: The Story You Don't Hear
    Eugene Puryear
    Eritrea: The Story You Don't Hear
    19 Jul 2023
    Eritrea is an African success story. The nation provides for its peoples needs despite the impact of sanctions imposed by the west which are meant to undermine its sovereignty.
  • Load More
Subscribe
connect with us
about us
contact us