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
  • omnibus

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017

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


  • Black Alliance For Peace
    BAP Condemns the Zionist Brutalization and Detainment of Chris Smalls, Emblematic of the White Supremacy at the Core of Zionism
    06 Aug 2025
    The arrest and assault of Chris Smalls is about more than the repression of any effort to subvert the genocidal blockade on Gaza; it exposes Israel’s attempt to sever Black and Palestinian solidarity…
  • Vijay Prashad
    Unilateral and Illegal Sanctions – Mainly by the United States – Kill Half a Million Civilians Per Year: The Thirty-First Newsletter (2025)
    06 Aug 2025
    A study in The Lancet estimates that unilateral sanctions have caused as much death as wars, with an estimated half a million deaths per year.
  • Pindiga Ambedkar , Arnold August
    Were Canadian Elections Existential in the Context of US-Canada Tensions? (Part 2)
    06 Aug 2025
    Interview with Arnold August, writer, political commentator, and analyst of the North American continent, on the political situation in Canada and its relationship to the US.
  • Khaled Barakat
    Saudi Arabia and France are Leading a ‘Political Genocide’
    06 Aug 2025
    The New York Declaration doesn't merely betray Palestine. It weaponizes the language of statehood to formalize the suppression of a people's right to exist without colonial rule.
  • Nicholas Mwangi
    Youth-led anti-corruption movement surges in The Gambia
    06 Aug 2025
    Gambians from all walks of life – led by the youth-driven GALA movement mobilized across the country on July 23 in an anti-corruption protest as momentum for change grows.
  • Load More
Subscribe
connect with us
about us
contact us