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


  • Modern Day Reconstruction and Tennessee's Expulsion of Black Lawmakers
    Jon Jeter
    Modern Day Reconstruction and Tennessee's Expulsion of Black Lawmakers
    19 Apr 2023
    The temporary expulsion of two Black Tennessee legislators was a reminder of why even a tiny semblance of Black political independence is feared and hated. The expressions of support from …
  • Apologies Not Accepted - Or I Love It When The Universe Proves Me Right
    Jacqueline Luqman
    Apologies Not Accepted - Or I Love It When The Universe Proves Me Right
    19 Apr 2023
    Jacqueline Luqman was vilified for pointing out a simple fact. Black people will not make common cause with racists and bigots. Racists do not get a pass because they call themselves anti-war.
  • Piura No Longer a Fujimori Stronghold
    Clau O'Brien Moscoso
    Piura No Longer a Fujimori Stronghold
    19 Apr 2023
    Peru is facing popular struggle in the wake of a coup which ousted President Castillo. It must also confront a legacy of political corruption.
  • Haiti, Hunger, and US Prison Imperialism
    James Patrick Jordan
    Haiti, Hunger, and US Prison Imperialism
    19 Apr 2023
    Imposing coups, forcing fake elections, denying asylum claims, and kidnapping a president aren't enough subjugation for the US to carry out against Haiti. US built prisons are a death trap for…
  • France in 2023
    Philippe Gendrault
    France in 2023
    19 Apr 2023
    France raised the pension age in the name of a "reform" that is nothing more than the EU sanctions regime at work. French workers have been in a continued state of protest in response.
  • Load More
Subscribe
connect with us
about us
contact us